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State Aid Policy Contribution to the Financial and Banking Sector Stability in The European Union Member States

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  • Andreea Dragoi
  • Cristina Balgar

Abstract

In our paper, the role of the state aids is analyzed in the context of the international economic and financial crisis, reviewing the new community regulations regarding the state aid measures in order to support the access to financing and the stability of banking sector in the member states. The performed analysis pursues to prove that, in the conditions of the international economic crisis, the control of the state aids is necessary as the member states are tempted to grant aids that could affect the free competition in the community space. The control of the state aids contributes to the avoidance of a race of the subventions that could affect the smaller member states, whose budgetary funds are limited.

Suggested Citation

  • Andreea Dragoi & Cristina Balgar, 2013. "State Aid Policy Contribution to the Financial and Banking Sector Stability in The European Union Member States," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 5(3), September.
    • Handle: RePEc:iem:journl:v:5:y:2013:i:3:id:2822000008752063
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/122/116
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    Cited by:

    1. Gabriela Victoria ANGHELACHE & Madalina – Gabriela Anghel & Daniel DUMITRESCU & Marius POPOVICI, 2016. "The International Framework of macro-prudential Supervision of Financial-Banking Markets," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(5), pages 73-78, May.
    2. Madalina Anghel & Diana Dumitrescu & Daniel Dumitrescu & Georgiana Nita, 2016. "Role of banks in in European funds absorptionto maintain macroeconomic stability," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(9), pages 43-49, September.

    More about this item

    Keywords

    state aid; financial crisis; bankig sector; member states;
    All these keywords.

    JEL classification:

    • G - Financial Economics
    • K - Law and Economics
    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law

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