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The entry ticket for the Economic and Monetary Union and for adopting the single currency is obtained when an EU member country achieves the five nominal convergence criteria stipulated in the Maastricht Treaty. Since the launching of the euro on 1 January 1999 by 11 European Union member...
Persistent link: https://www.econbiz.de/10008852600
Defined as being the degree in which a nation, on conditions of free and honest market, can produce goods and services that have to pass international markets’ testing, succeeding concomitantly to maintain and increase the real income of its citizens: in this way, concurrency represents a...
Persistent link: https://www.econbiz.de/10004997433
The main advantages of fiscal paradises result from the fact that: some countries do not demand any income tax, on capital plus values, on wealth; other countries have established a tax demand on the related incomes of a territorial base: if the benefits do not have their source on the territory...
Persistent link: https://www.econbiz.de/10008677476
Persistent link: https://www.econbiz.de/10011387517
The main challenges currently faced by most central banks are generated by the effects of the economic and financial crisis. Thus, at the national, European and international level there is a trend of changing the economic governance structures and improving the regulatory and supervisory...
Persistent link: https://www.econbiz.de/10011268722
The monetary policy play an important part to promotion and maintenance ofeconomical growth, especially in countries of transition; this has become essential to adjusting theeconomic equilibriums, presented within these economies, particularly to controlling the inflationistslide-slip and...
Persistent link: https://www.econbiz.de/10008497415
The new economy, also called e -economy, is the most frequently used term in economic and technical literature, discussions of scientists, businessmen and politicians beside globalization and information technology society. Three planes of under standing of the new economy can be distinguished:...
Persistent link: https://www.econbiz.de/10004997446
A Financial Analysis is directed to assess the ability of the economic entity to generate relevant cash surpluses which will ensure its financial stability and development. Financial balance can be defined by the ability of economic entity to ensure uninterrupted payment of debts previously...
Persistent link: https://www.econbiz.de/10008690194
The banking sector, the predominant component of the Romanian financial system, had a relatively stable structure in the period 2005-2009 and has experienced significant consolidation, particularly in the years 2005-2006, this being sustained mainly by the restructuring and privatization...
Persistent link: https://www.econbiz.de/10008800378
Joining the European Monetary Union and adopting the unique currency - euro requires the states to meet a set of real and nominal convergence criteria. Although the real convergence criteria are not mentioned in the Treaty of Maastricht, they planned a major contribution to the success of...
Persistent link: https://www.econbiz.de/10011150566