Public Finance and Financial Assistance Funds
Authors | |
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Year of publication | 2020 |
Type | Article in Proceedings |
Conference | The Financial Law Towards Challenges of XXI Century |
MU Faculty or unit | |
Citation | |
Web | Open access sborníku |
Keywords | Financial Assistance Funds; Public Finance; Sovereign Debt; European Monetary Fund; European Stability Mechanism |
Description | There have been numerous significant measures taken within both the monetary and fiscal areas of EU economic policies when the EU and national authorities were taking steps towards stabilisation of sustainability of public finance of some of the EU member states. In this paper, the authors focused on both the theoretical and practical aspects of the financial assistance (rescue) funds and mechanisms, which have been established by the EU member states or directly by the EU over the last decade. A special emphasis is given to the European Monetary Fund that is being shaped at the moment. Aside from the practical issues, the authors also focused on certain issues of the theory of financial law and public finance. |
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