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The European Framework for Safeguarding Financial Stability

Author

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  • Ionescu Cristian

    (Academy of Economic Studies – Faculty of Economics, Bucharest)

Abstract

Financial stability, as a result of the recent financial crisis, has become one of the most debated issues in the economic and political environments. Therefore, this paper aims to analyze the concept of financial stability within the European Union, describing the actual supervisory structure and emphasizing the need for changes related to new supervisory arrangements and new institutional mechanisms, in order to protect and maintain financial stability over longer periods of time.

Suggested Citation

  • Ionescu Cristian, 2012. "The European Framework for Safeguarding Financial Stability," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 165-170, Decembre.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:2:p:165-170
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    More about this item

    Keywords

    financial instability; european rgulatory framework;

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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