The political-economic cycle can be caused as the consequence of the wrong political decisions, made with the aim of re-election and maintaining the political power. These decisions influence the macroeconomic indicators of the country and their presence is problematic in the advanced economies....

Economic development of countries, regions or entities operating on the market is possible when favourable economic conditions outweigh adverse conditions. Examining the development of European economy, it is possible to observe this regularity in the majority of periods, i.e. the bull market...