In the nineties, many countries’ state-owned enterprises were privatized, and markets were liberalized and deregulated – particularly in the telecommunications, media and energy sectors. Monetary union is the final stage in achieving the single market. The money market is fully integrated, and the European capital market is also making great strides toward integration. 2.
But what is the response to the broad concerns in society as a whole? Or, how can one stop the scepticism?