The purpose of this paper is to highlight the level of European financial integration, based on the academic literature analyzing a comprehensive set of indicators and methodologies. We structured our research on sections that present a theoretical approach of the instruments that will be used...

Tema acestei lucrări o reprezintă criza financiară internaționala, începută în 2007, ce a cuprins rapid atât țările din zona Euro, cât și întreaga Europa. Deși în anul 2010 se părea că ne aflăm pe drumul cel bun, pe calea spre ieșirea din criză, în a doua jumătate a...

Within the optimisation effort associated with the European financial markets integration special attention is paid to two important initiatives: the Banking Union and the Capital Markets Union (CMU). Both projects are also important for Romania, considering the current status of the economy and...

Romanian Abstract: Articolul de faţă analizează principalele caracteristici ale proiectului privind înfiinţarea unei Uniuni a Pieţelor de Capital, aşa cum sunt ele prezentate de iniţiatorul proiectului, Comisia Europeană, şi de alţi autori care au studiat această temă. Analiza...

Abstract. The scope of this paper is to highlight the Romanian strategy towards the euro adoption. We structured our article on sections that cover four main research directions. The first one illustrates the interlinkages between nominal and real convergence; the second presents a comparative...

The aim of the present paper is to highlight the degree of European stock market integration. We structured our research on two sections obeying the following order: the first one presents some considerations of the academic literature studying the field and the second analyses the main...

Abstract. The scope of this paper is to analyze the developments of European bond market integration in the context of the Economic and Monetary Union. We structured our research on sections that present the euro implications for the bond markets integration, the actual stage of the considered...

The balance of the financial exercise 2007-2013 revealed an absorption rate of 27% from the total EU Budget allocations for SCF in the case of Romania. This ratio, the lowest among CEE countries, has been under the influence of various causes, within the system of SCF accessing i.e. at the level...

The emerging markets and the markets in general are forced to aggresively adjust their strategies and policies in order to cope with the current challenges and ensure that conditions are met for medium and long term sustainable growth. The decrease of market value in case of financial...

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...