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ECB press release ECB
Euro area financial integration improves despite persistent fragmentation, ECB report shows
  • Financial integration in the euro area has strengthened since late 2022, supported by lower dispersion in euro area asset prices across markets 
  • Cross‑border activity has increased, supporting risk sharing and resilience, notably in debt markets and interbank lending
  • Equity market integration is declining, weighing on investment and competitiveness
    Financial integration in the euro area has improved markedly since late 2022, reflecting resilient 
7th of May 2026

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30th of April 2026