·  Another constant source of financial instability was created by the regulations introduced by the government. These may have been all well and good in their time, but eventually turned out to stand in contradiction to the logic of the market.
This result is advantageous to all member countries involved in EMU. It has promoted economic welfare for countries with a formerly less pronounced stability culture and the elimination of intra-EMU exchange rate volatility has benefited all member states with both improved trade links and a deeper and more liquid financial market.