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Europe Daily Bulletin No. 8735

26 June 2004
Contents Publication in full By article 31 / 39
GENERAL NEWS / (eu) eu/financial services
Financial market integration has not helped consumers, Commissioner Bolkestein and business circles note

Brussels, 25/06/2004 (Agence Europe) - Consumers do not always benefit from the integration of financial markets in the European Union, it was confirmed at a seminar on the results and prospects of European financial integration. "For now there is no single market for retail services", Commissioner Frits Bolkestein admitted. He commented, however, that opinions on the need for legislative measures are very divided.

On one side, the president of the "Comité european des assurances" (CEA),...

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