The author examines competition prospects in the regulated market of a selected EU country to investigate specific policy choices. Under full market regulation, the actors have the exclusive right to deliver economic transactions. (1) Literature review: The theoretical part starts with the...

Various methods and tools have been developed to quantify energy supply security; however, there is no ideal framework to measure energy security, as the concept is multifaceted and context dependent. Energy supply security has always been an extremely important issue for European Union (EU)...

Though much attention is dedicated to the development of its research and innovation policy, the European Union constantly struggles to match the level of the strongest innovators in the world. Therefore, there is a necessity to analyze the individual efforts and conditions of the 27 member...

Energy security is recognized as a key element for the successful functioning of an entire energy system. However, the perception of energy security is contextual and there is no universally accepted definition of the concept. The current global concerns about climate change, human welfare and...

Russia and the EU represent two economic blocs with high-value bilateral trade, especially in several specific sectors. The Russia-Ukraine war has facilitated the escalation of protectionism against Russia, and the EU and Western partners have introduced a set of sanctions on the import of goods...

The COVID-19 pandemic has significantly affected economic development in countries around the world. It has deepened existing problems and increased the need for economic transformation, modernisation, and qualitative development, and launched new technological reforms that have led to the...

The article is devoted to identifying the impact of factors on the increasing labour productivity in the economies of the European Union-27 (EU-27) and Ukraine. The system of influencing factors that must be taken into account in the assessment of the labour productivity indicator was...

The present paper evaluates the size and development of the informal economy in agriculture in 10 new EU member states from 2004-2020. A novel agriculture-tailored multiple indicators Multiple Causes model was derived to estimate the size of the informal economy in agriculture. It was revealed...

This empirical study evaluates European tourism demand in Spain from 2000 to 2020. To test the hypotheses, we have modelled tourism demand, which is measured in terms of travellers arriving in Spain. An Error Correction Model adapted to a panel structure has been utilised to work within a time...

The assessment of consumer behavior regarding the choice of financial instruments may be extremely important in the near future, since the fight between cash and electronic money has reached a turning point, and electronic payments are slowly defeating cash. On one hand, in the long term, this...