Acta Univ. Agric. Silvic. Mendelianae Brun. 2013, 61(7), 2351-2355 | DOI: 10.11118/actaun201361072351
Legal and economic aspects of deeper EU integration in the Czech Republic
- Department of Law, Faculty of Economics, University of South Bohemia, Studentská 13, 370 05 České Budějovice, Czech Republic
The deeper economic integration in form of fiscal union, bank union, or increased macroeconomic surveillance is for the Czech Republic not only the question of whether and when to enter the euro zone, but also whether and when to join the other institutes. The aim of this paper is to analyse the legal background of these instruments and estimate their possible economic impact. These hypotheses would be a subject of author's further search. The future impact on enterprises in the Czech Republic is evident in some areas of the EU enhanced cooperation. Adoption of the euro is an example. Other aspects of deeper economic integration as for example the bank union do not impact the microsphere so obviously; however can significantly change the business environment in the country.
Keywords: EU integration, euro adoption, impact on enterprises, EU law, European Stabilisation Mechanism, European financial stabilization mechanism, LTRO operations
Received: April 11, 2013; Published: December 24, 2013 Show citation
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