The paper presents the role of the Polish National Bank in the interbank money market. The central bank is a key institution regula ting the level of monetary equilibrium andliquidity of banking sector, activating the commercial banks’ liquidity management and contributing to the efficient...

The idea if EMU requires countries entering the euro zone to have a homogeneous system of monetary policy instruments including open market operations. This paper presents comparative analysis of Polish and European zone solutions in the range of open market operations.

At present, the basic and the most important final aim for central banking is to achieve and maintain stable, low inflation. During the last several years BCI conception gained considerable popularity, which is reflected in the growth of the number of central banks leading monetary policy...

The Mechanism of forming of the liquidity level of national central banks participating in ESCB is clear. It is based on centralized and decentralized operations. The ECB decides on the direction of the monetary policy, and the national central banks implement the monetary policy taking into...

The creation of the Economic and Monetary Union is the next stage of monetary integration. Due to differentiation between Member States of the European Union, expenses and profits of participation in Eurosystem are not spread similarly. The first part of this paper reviews the fulfillment of...

The idea if EMU requires countries entering the euro zone to have a homogeneous system of monetary policy instruments including open market operations. This paper presents comparative analysis of Polish and European zone solutions in the range of open market operations.

The paper presents the role of the Polish National Bank in the interbank money market. The central bank is a key institution regula ting the level of monetary equilibrium andliquidity of banking sector, activating the commercial banks’ liquidity management and contributing to the efficient...

Reporting understood as a process provides the output in a form of data and information presentation, which is one of the important aspects of a business management system. The effectiveness of processes and decision making by a management depends on the access to actual and relevant data,...

In the year 2015 the European Union has reached the halfway of implementation of Europe 2020 strategy, which is aimed at forming the conditions for sustainable and inclusive economy delivering high levels of employment, productivity and social cohesion. In this context the aim of the paper is to...

In the majority economic areas of the world, family businesses are the overwhelming majority, it is certain in the case of small and medium-sized busi-nesses. Large family companies – in opposition to common opinion – are not the economy margin. It is other way round, they are not directly...