The article is devoted to the research of the financial mechanism of green business establishment and development in the European Union. The EU financial policy in the sphere of green business development assistance is analysed. The basic elements of green business development financial...

English Abstract: The previous financial crisis caused the ending of an unusually long phase of recovery in the former USSR republics, thus increasing the relevance of developing effective measures, specifically, the countercyclical economic policy. Throughout 1991 to 2010, fourteen completed...