Press Release: Financial services: Commission report shows potential economic benefits of further integration in new Member States and retail financial services

The European Commission on 8 July 2005 published the Financial Integration Monitor (FIM) 2005, the second annual report on the state of integration in EU financial markets. Whereas the FIM 2004 described the headline trends which have affected financial markets in the original 15 Member States (EU15) in recent years, the 2005 report aimed to go into greater depth in specific areas which were at the forefront of political debate: the entry into the EU of ten new Member States just over a year earlier and the rate of integration of EU retail financial markets. Along with the Green Paper on Financial Services Policy, the FIM report provided input to the ongoing policy debate.

• Primary Source