A Unified European Market for Financial Services
The free movement of goods, services, capital and people within the European Community was a clearly defined goal of the 1957 Treaty of Rome. The achievement of this aim is, however, dependent upon there being a financial Common Market; deregulation within banking and credit, brokerage and insurance would be insufficient to liberalise the market. It is vital that capital is free to move across the borders of the various member states.
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