Legal and economic aspects of deeper EU integration in the Czech Republic

• Main Author: Martina Krásnická
• Format: Article
• Language: English
• Published: Mendel University Press 2013-01-01
• Series: Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
• Subjects: EU integration; euro adoption; impact on enterprises; EU law; European Stabilisation Mechanism; European financial stabilization mechanism
• Online Access: https://acta.mendelu.cz/61/7/2351/

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.