The Financial System of the EU 25

Franklin Allen (), Bartiloro Laura and Oskar Kowalewski ()

MPRA Paper from University Library of Munich, Germany

Abstract: We present an overview of the financial structure of the enlarged European Union with 25 countries. We start by describing the financial system development in all member states since 1995, and then compare the structure between the old and new countries. Using financial measures we document the prevailing substantial differences in the financial structure between new and old member states after the enlargement in 2004. Finally, we compare the financial structures of an enlarged EU with those of the United States and Japan.

Keywords: Financial; System (search for similar items in EconPapers)
JEL-codes: G20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cba, nep-eec, nep-his and nep-sea
Date: 2005-06
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:652

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