ecb speech, 2005-12-16
The ECB defines financial integration as follows: we consider the market for a given set of financial instruments or services to be fully integrated when all potential market participants in such market (i) are subject to a single set of rules when they decide to deal with those financial instruments or services, (ii) have equal access to this set of financial instruments or services, and (iii) are treated equally when they operate in the market.
Sentiment: neutral
Topic: mp_economic_activity