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Jean-Claude Trichet: Governance and Convergence – the State of Play in the Euro Area

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This can be recommended as a reading, in courses like International Finance. In the conference, the President of the European Central Bank, recognizes the enormous work to be done in Europe. He stresses that they have, the Eurosystem, the European Commission, the national governments, and the European and national Parliaments, a shared responsibility in ensuring a smooth functioning of EMU, by improving the integration and flexibility of its markets. Some differences in economic performances across countries or regions have existed and will continue to exist in the future, as it is the case in the US and in other any areas.
 
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