Brussels, 24/05/2006 (Agence Europe) - The European Commission's Internal Market Directorate General published a technical document on clearing and settlement on its website on 23 May. The document explains that cutting backroom costs (clearing and settlement) would have a considerable impact on liquidity and therefore on gross domestic product (GDP). The document adds that the more competitive the market, the greater the impact cutting costs will have on cash flow and GDP. Given the...