This document was requested by the European Parliament's Committee on Economy and Monetary Affairs.
Gregory CLAEYS, Research Fellow, Bruegel
Dario PATERNOSTERPolicy Department A: Economic and Scientific PolicyEuropean ParliamentB-1047 BrusselsE-mail: Poldep-Economy-Science@ep.europa.eu
ABOUT THE EDITOR
To contact Policy Department A or to subscribe to its newsletter please write to:Poldep-Economy-Science@ep.europa.euManuscript completed in February 2014© European Union, 2014This document is available on the Internet at:http://www.europarl.europa.eu/studies
The opinions expressed in this document are the sole responsibility of the author and do not necessarily represent the official position of the European Parliament.Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the publisher is given prior notice and sent a copy.