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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...
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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...
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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...
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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...
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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...
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