Abstract [eng] |
Financial stability in the context of global todays economy is becoming more and more of greater importance for sustainability of worlds economy growth, countries development and stable implementation of economic policies in the global world. Despite that, the last global financial crises of 2007 – 2008 has revealed that there are certain problems related to ensuring the financial stability in global economy as the world‘s financial system is rather liberalized and there are various in depth relations among worlds regions, countries and all financial institutions. All of this creates the chain effect in the whole financial stability system, and in case if any counterparties face difficulties of stability, the others might be greatly affected as well. Due to this reason, it is significant that the financial stability evaluation is of greater importance and it has to be carried out periodically and within great attention. One of the mainly affected regions of the world during the global financial crises was the European Union, which at rather large extent faced a bunch of systemic banking crises, which spreaded accross the majority of the members of the European Union. Due to this reason, the countries of the European Union are one of the most suitable choices for applying financial stability evaluation models in order to compare different evaluation models and to understand the main reasons and leading indicators of the systemic banking crises occurence. |