Stabilisation of Public Finances in the EU Member States under the view of the rules concerning State Aids to the Banking Sector

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F11%3A00184150" target="_blank" >RIV/62156489:43110/11:00184150 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Stabilisation of Public Finances in the EU Member States under the view of the rules concerning State Aids to the Banking Sector
Original language description
The important role of banks in the economy of States consists in providing credit and liquidity that necessitates stability to the banking system. The opposite may be jeopardising to the economic development and growth of states involving even the threatof an institutional breakdown. It is only natural that State authorities attempt to protect the viability of their banking system and try to prevent financial institutions from insolvency. This is even more obvious in situations when they fear that a crisis can result to 'systemic failure ', namely that crisis of one institution can spread to other banking institutions. The counter-balance to this attempts to maintain an efficient and healthy banking system under every price represents the EU legislation on State Aids with the aim to safeguard that Member States actions will not distort and violate the European single market regulations. However, the recent financial crisis in Europe has shown that the EU can react promptly to the risk
Czech name
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Czech description
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Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Fiscal Stabilization and Monetary Union: Heritage of the Past and Future Challenges
ISBN
978-80-87106-47-1
ISSN
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e-ISSN
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Number of pages
22
Pages from-to
24-25
Publisher name
Martin Stříž Publishing
Place of publication
Bučovice
Event location
Brno (CZ)
Event date
Jan 1, 2011
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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