The article discussed the problem of the new instruments of financial supervision within the European Union. The legal instruments were analyzed and grouped in legal anti-crisis instruments sensu stricto and legal anti-crisis instruments sensu largo. The new anti-crisis instruments and their...

The last seven years have brought about significant changes in the Polish economy. Market openness means above all the benefits of higher production, and market expansion. This implies, however, with a decrease in the number of companies that fail to deal with the incoming of foreign...

The paper addresses the issue of the economic basis of state aid law. Increasing role of the economic analysis in state aid cases is the result of the new Commission plan of modernization and limitation of state aid in Europe called Less and Better Targeted Aid.

State aid is nowadays one of implements used to improve the competition on economy field in many countries all over the world. State aid needs to be addressed, monitored and exploited properly in order to become an efficient tool to overcome barriers in local business, and further on – on...

The article deals with the issue of new regulations on supervision over financial markets of the EU as regards interference of administrative law into the financial market of the European Union. In particular the author considers the premises and nature of powers conferred on the new supervision...

“Better regulation” occupies a vast rolling terrain in modern political, economic and legal life. For at least 20 years its role and impact have been under intensely scrutiny. When drafting new regulations one should attempt to combine several elements such as: coherence, flexibility,...

The last decade has been a period of accelerated integration in Europe. A tangible manifestation of this was the biggest ever enlargement of the EU in 2004 and its next enlargement in 2007. Therefore the aim of this study is a formalized empirical evaluation of the phenomenon of integration in...

Macroeconomic forecasters typically forecast fewer recessions than the number experienced, which means economic growth tends to be over-predicted on average. Consequently, forecast errors are not normally distributed, making it difficult to convey the uncertainty and risks based on the...

Greece’s labour market entered the COVID-19 shock following several years of sustained employment growth and with wages picking up. Unemployment remained high and employment rates were low, especially among women, the young and older workers. The shock led to a sharp fall in labour force...

Having access to credit is essential for households to address the volatility of their personal finances over time and for firms to fund their investments. Accessing financial services at affordable cost on the other hand, is crucial to ensure financial security of all economic units. Despite...