Occasional Papers are written by the Staff of the Directorate-General for Economic and Financial
Affairs, or by experts working in association with them. The “Papers” are intended to increase
awareness of the technical work being done by the staff and cover a wide spectrum of subjects. Views
expressed do not necessarily reflect the official views of the European Commission. Comments and
enquiries should be addressed to:
European Commission
Directorate-General for Economic and Financial Affairs
Publications
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Belgium
E-mail: [email protected]
This paper exists in English only and can be downloaded from the website
http://ec.europa.eu/economy_finance/publications
A great deal of additional information is available on the Internet. It can be accessed through the
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ISBN 978-92-79-08371-
doi: 10.2765/
© European Communities, 2008