The integration of the banking sector represents a key component of the European integration process as most economies of the member states, especially the newly accepted ones, are finance through this. Thus, as the European Union has extended tremendously its membership in the last decade we...

The capital market plays an important role in every modern economy, regarding both, its current state and its sustainable development. The aim of this paper is to present the main role of the capital market on all of the three levels on which they appear (the macroeconomic level, the...