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Economic and Monetary Affairs in the EU

22 January 2013, 14:15 CET

Latest business news about the financial policies of the European Union


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European Central Bank euro graphicWithin a single market and major trading bloc like the EU, a key aim is to coordinate national economic policies. This enables the EU to act rapidly when faced with challenges such as the current economic and financial crisis. Seventeen countries have pushed coordination even further by adopting the euro as their currency.

The EU's policies and strategies in financial services and financial markets ensure coherence and consistency between the various policy areas, such as banking, insurance, securities and investment funds, financial markets infrastructure, retail financial services and payment systems.

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