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2Initial Report Of The Committee Of Wise Men On The Regulation Of European Securities Markets,Brussels, 9 November, 2000.
3Alberto Giovannini, and Colin Mayer, " European Financial Integration" Cambridge University Press 2001.
4Ms Sirkka Hamalainen, "European integration and the financial environment reflections after nine months with the euro", European Central Bank Press Division. http://www. ecb. int.
5European Shadaw Financial Regulatory Committee, The Regulation of European Securities Markets: The Lamfalussy Report. Statement No. 10, Madrid, 26 March 2001.
6"The integration of the European financial markets and its importance for growth and economic development in Europe", Speech by Commissioner Frits Bolkestein Stockholm, 22 January 2001.
7Lemmen,J. and Eijffinger, S, The fandamental determinants of financial integration in the European Union. http://netec.mcc. ac. uk/HoPEc/gemini- about, html.
8Yosha O., S. Kalemnli - Ozean and B. Sorenson(2001), "Economic integration, industrial specialization and the asymmetry of economic fluctuations",Journal of International Economics (forthcoming).
9Sorenson B. and O. Yosha (1998). "International risk-sharing and European monetary unification", Journal of International Economics ,45, 211-238.
10Melitz J. and F. Zumer (1999), "Interregional and international risk-sharing and lessons for EMU", CEPR Discussion credentials.