The construction of an Aggregate Financial Stability Index represents one of the methods used for assessing the level and dynamics of financial sector stability.

The study defines the three types of convergence – institutional, nominal and real ones –, the connection among them and their main measurement indicators. 

Toate ţările membre ale Uniunii Europene trebuie să asigure armonizarea instrumentelor de politică monetară utilizate cu cele ale Băncii Centrale Europene. Analizând comparativ instrumentele de politică monetară ale Băncii Naţionale a Românei şi pe cele ale Băncii Centrale...

The international financial crisis has affected the new member States of the European Union as well, for which the convergence criteria represent the economic test of evaluation of a degree of economic preparation, in order to participate in the third stage of the Economic and Monetary Union....