Even though there is no common energy policy, EU energy strategy sets the background of the energy landscape in Europe. EU energy policy responds to different challenges in the energy market. One of them is climate change. Growing emissions of greenhouse gases aroused world's interest aimed at...

The aim of the article is to verify the convergence process of the Central and Eastern Europe (CEE) (CEE10) countries towards Western European countries (EU15) in years 1995-2016. Additionally, the paper aims to show the interaction between economic integration and convergence as well as...

We investigate the association between banks' credit expansion and loan loss reserves on a panel of banks from 11 new EU member countries from Central and Eastern Europe during 2004-2010. Unused committed credit lines capture the decline in banks' risk aversion being associated with a supply...