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Europe Daily Bulletin No. 7630

10 January 2000
Contents Publication in full By article 15 / 39
GENERAL NEWS / (eu) eu/banks
Eurostat study (in cooperation with ECB) shows an evolving European banking sector, marked by mergers and internationalisation

Luxembourg, 10/01/2000 (Agence Europe) - The European Union Statistical Office, Eurostat, has released a statement summarising a reference document, "Banking in Europe", drawn up in cooperation with the European Central Bank (ECB) and the European Commission's Directorate General for the Internal Market.

Describing the situation as at 1997, the report states that "concentration and internationalisation are the two major trends in European banks in recent years". These trends are part of a...

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