The current financial and economic crisis has highlighted the inadequacy of existing institutional and policy arrangements at the EU level. Even before this crisis, the EU economic growth was low, by international standards, revealing deep structural problems across EU countries, especially in...

L’efficience de l’utilisation des moyens du patrimoine et des capitaux peut être mesurée et analysée, d’une part, à l’aide des indicateurs synthétiques comme la chiffre d’affaire qui revient à 1000 lei patrimoine et capital, la valeur ajoutée qui revient à 1000 lei patrimoine,...

Bank failure is the result of a defective management in banking leading the bank to a stage of bankruptcy, which means that the insolvent bank is going to be closed by the banking authority. In general, the banking sector is viewed as more vulnerable to contagion than other industries since...