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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AG - Právní vědy

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2011

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

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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Počet stran výsledku

22

Strana od-do

24-25

Název nakladatele

Martin Stříž Publishing

Místo vydání

Bučovice

Místo konání akce

Brno (CZ)

Datum konání akce

1. 1. 2011

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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