Titlebook: European Banking; Enlargement, Structu Özlem Olgu Book 2011 Palgrave Macmillan, a division of Macmillan Publishers Limited 2011 banking.Ban

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Macroeconomic Structure of the European Union,erest, inflation and unemployment rates as well as important regional implications, the distinction between the EU-15 and NMS reveals a better understanding of the differences between the two groups of countries, as well as of the homogeneity and development in each group of countries over time.

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Performance of European Banks,ill, in turn, generate a more efficient and competitive EU financial sector, which is important not only for the financial sector itself but also for all other sectors that rely on access to competitive sources of funding.

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Turkey as an Accession Country,e likely pros and cons both for Turkey and the EU. Finally, Turkey’s readiness and the impact of the Basel II Accord directives on the current levels of capital adequacy of Turkish banks, and the institutional preparations of Turkish banking and financial systems towards adapting EU regulation and systems are discussed.

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2523-336X n the EU remain diverse. This book considers the future prospects of the banking industry in the context of enlargement, application of the IFRS and a potential new member country, Turkey.978-1-349-31213-9978-0-230-30591-5Series ISSN 2523-336X Series E-ISSN 2523-3378

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https://doi.org/10.1007/978-3-663-02262-6hin old (EU-15) and new members (NMS) of the EU. The focus of this chapter is on the historical enlargement process since 2004, which saw the number of countries increase from 15 to 27, and on the progress of potential EU member countries.

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