Speech Alexander Schaub: Financial Integration in EU25

24 November 2004




In a speech about the lessons and prospects for the future of European financial integration held on the Euro Symposium in Tokyo, Director General Alexander Schaub mentioned three main challenges for Europe in the next years.

The first priority consists of the effective implementation and enforcement of all agreed measures and rules in all Member States. “The Commission will look closely at what is going on at Member States’ level and, if necessary, take action to ensure a level playing field in the whole of the EU”, Mr Schaub said.

Other priorities will be the consolidation of the internal market for financial services and the global cooperation.

Speech

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