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A Single Market in Financial Services
註釋The target for an integrated pan-European financial services and capital markets is 2005. The aim is to eliminate all barriers to pension fund investments and cross-border marketing of investment services and investment products; make companies' financial statements more comparable and improve the functioning of the risk capital market. This paper examines the possible effects of current changes on job creation and growth potential in the European Community. The first part analyses developments in the wholesale and retail markets. The second focuses on the creation of a sound risk capital market.