Financial Integration in Euro Area and the Dilemma of Stability Arrangement

The introduction of the Euro provides an improved public good that will prove beneficial both within the Euro area and to external users of the new monetary unit, including virtually all those doing business in and with the Euro area.

Since the introduction of Euro in 1999,the government debt management in the Euro area has been affected and developed very quickly as the disappearance of exchange rate risks within the Euro area created the conditions for a pan-European capital market.

Indication of the Performance of the Euro-zone for China to Join Monetary Cooperation in East Asia;

The Evolution and Characteristics of the Inter-bank Settlement Systems in the Euro-zone;

Research on the Banking Market of Euro Zone and Strategic Suggestions for ICBC;

Applications of the monetary policy instruments in the Euro zone

The execution of uniform exchange rate policies and formation of uniform European financial market in Euro zone has made the role of Euro as international currency increasingly reinforced and meanwhile their exchange rate policies have brought bigger and bigger overflow effect to the partner countries.

The co-ordination of every countries fiscal policies has not changed the essence of decentralized fiscal policy system in the Euro area.

In order to further enhance and smoothen the policy coordination process, the Commission announced the publication of a regular report on economic developments in the euro area.