Given an unequal population growth - it is higher in the US - a further analysis shows that the gap in real GDP growth between the US and the euro area that opened up in the mid-1990s is half the size if measured in per capita terms.
The best way to protect consumers is to empower them with financial knowledge which they can use to demand quality services at fair prices. As the financial education strategy is being developed, the Government through the Ministries of Finance and Trade are spearheading efforts towards coming up with a comprehensive financial services consumer protection law.