In the view of Danmarks Nationalbank, the mortgage-credit institutes could be rather more active participants in the money market, and also utilise the related earnings potential. It will be in all parties’ interest to have more players in this market, and that these are participants with a different liquidity profile, i.e. the mortgage-credit institutes.
Doing so would in turn set the stage for integration in more complex areas, like fiscal policies. Empirical evidence suggests that EU citizens tend to be much more supportive of economic integration if it rests on a sense of togetherness rather than focusing solely on maximising economic performance6.