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Financial intermediation can be performed by certain types of financial agents or financial brokers in selected European countries. Using primarily analysis and the comparison, the authors focus on certain legal aspects of distribution of financial services in selected Member States of the EU...
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Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...
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Intro -- PREFACE -- CONTENTS -- The System Solution of Uninsurable Riskswith Focus on Floods in the Czech Republic (Hana Bártová, Karel Hanzlík) -- Verification of a linear dependence between the risk premiumand the systematic risk: Empirical testing based on data from PSE (Luděk Benada,...
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We propose using a simple Taylor rule to evaluate business cycle convergence of the Czech Republic, Hungary, and Poland with the Eurozone. Our findings indicate an ongoing convergence of those CEE countries to the Eurozone, but with instabilities and heterogeneity between the countries....
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