UNION OF CAPITAL MARKETS - AN INITIATIVE OF THE EUROPEAN UNION
Autor (i): Laura Pănoiu, Dorina Lută
JEL: G12, M41, O16
Cuvinte cheie: stock market, SME, accounting harmonization, financial instruments
Abstract:
The economic- financial crisis triggered in 2008 has shown the vulnerability of the banking system and also the impact that financial innovations have on globalized economies. In this context, the European Union has aimed at achieving a sustainable economy that can provide jobs for its citizens. A step in this respect is the new project of the European Union to make up an integrated stock market that can provide the supply and demand representatives new funding and diverse investment opportunities.
The economic- financial crisis triggered in 2008 has shown the vulnerability of the banking system and also the impact that financial innovations have on globalized economies. In this context, the European Union has aimed at achieving a sustainable economy that can provide jobs for its citizens. A step in this respect is the new project of the European Union to make up an integrated stock market that can provide the supply and demand representatives new funding and diverse investment opportunities.
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