Financial integration helps avert shocks - Trichet

European Central Bank president Jean-Claude Trichet said Monday 13 November closer financial integration will raise the eurozone's resistance to external shocks and increase its growth potential.

"Financial integration is... relevant for the stability of the financial system, as it improves the financial system's ability to adsorb adverse disturbances," he said in a speech to the "SEPA Summit" at the Euro Finance Week.

"Financial integration also increases the potential for greater and more

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.