The analysis of the banking / financial business impact on economic growth is a topic present in the world economy for centuries. In recent years, this topic has gained on importance in international economic circles. Actuality of the aforementioned impact particularly sparked the global...

Maastricht criteria are well known to be arbitrarily designed. To top it all off, times and again they’ve been only briefly fulfilled and –worse even- often manipulated with. Among them, fiscal criteria and overall Stability and Growth Pact are perhaps the most controversial of all, as...

In the process of preparation for membership of the European Union (EU) Western Balkans countries are obliged to harmonize their legal system with the EU law and with the rules providing the functioning of the EU internal market. The provisions regulating the banking sector are highly important...

Since its creation in 1957, the European Union (EU) has 27 member states today. The process of the enlargement of the EU is not finished yet, and the EU opens its doors to the other countries, mainly Western Balkan countries – so Serbia is the part. We present here the actual situation of the...

It is clear that globalization and internationalization are the processes that have not emerged today, but what is emphasized in this paper is the impact that these processes have on the social, technological, political and economic rebuilding of the modern world order. The paper elaborates on...

The current global crisis is systemic by being propagated in a banking, financial and economic crisis. It represents a negative external demand shock for Western Balkan Countries (WBC) with an impact on the banking and financial sector first (dice the third 2008 quarter) and then, since the...

The determination of trends and prediction of stock prices is one of the main tasks of the MACD (Moving Average Convergence Divergence) and the RVI (Relative Volatility Index) indicators of the technical analysis. The research covers the sample representing stocks which are continually traded on...

SMEs financing is a major challenge that most developed as well developing or in transition countries have to taken up. In the case of Tunisia, this type of firms forms the backbone of the economy and provides undoubtedly a key role in its development. However, these SMEs suffer from...

Detrimental global financial crisis had devastated world financial system. The year of 2008 was the hardest for stock exchange since the 1931, and 1931, 1937 and 2008 are the hardest years for stock exchange during the last two centuries. Negative international monetary circumstances have not...