The aim of this article is to outline the general parts of the legal branch called financial law. It is intended as the first part of a series of articles outlineing the topic in detail. The aim of the submitted contr...The aim of this article is to outline the general parts of the legal branch called financial law. It is intended as the first part of a series of articles outlineing the topic in detail. The aim of the submitted contribution is to demonstrate that the financial and legal aspects created the basis of economic development of the regions from the early beginnings of human society. Social relations constituting the subject-matter of the financial law had been developing, changing, and had become established before the financial law itself has been constituted. These relations seem to have been present from the very beginning of the existence of the human society. Regulatory acts associated with regulation of these relationships embodied solidarity and methodological specificities. The specificity of the subject-matter of regulation, solidarity and methodological specificities of the financial, and legal standards sufficiently define superstructure with a natural law character. The superstructure is based on constitutional system of national states after the EU integration has been completed on the EU law. As we can evaluate retrospectively, the transfer of fmanciallaw competencies in Brussels was a failiure. Since the political union was established through the Lisbon treaty in 2009 the European sovereign debt crisis emerged and ravaged the EU until today.展开更多
The development of the EU according to the strategy Europe 2020 has encountered significant difficulties. It was caused in great part by the underestimation and in some cases total ignorance towards the principles of ...The development of the EU according to the strategy Europe 2020 has encountered significant difficulties. It was caused in great part by the underestimation and in some cases total ignorance towards the principles of financial science. The paper discusses the absence of financial-law based point of view regarding the future development scenarios until 2020. Then the five goals set out by the strategy are examined. The critical state of finance in the EU shows the fruitlessness of all the harmonization efforts lately. The authors of fake statistics and fake misleading prognoses have not been brought to justice. The causes of the crisis have been wrongly identified. We are losing our wealth, which generations had labored to accumulate. We are actively giving up our civil rights and the security of our citizens to create a more pleasant environment for Saudi Arabia. During this effort we have contributed to the destruction of millions of lives in the Middle East. We are the only ones in the world still lending our trust to rating agencies that deliberately derailed the global economy in the pursuit of extra profit.展开更多
文摘The aim of this article is to outline the general parts of the legal branch called financial law. It is intended as the first part of a series of articles outlineing the topic in detail. The aim of the submitted contribution is to demonstrate that the financial and legal aspects created the basis of economic development of the regions from the early beginnings of human society. Social relations constituting the subject-matter of the financial law had been developing, changing, and had become established before the financial law itself has been constituted. These relations seem to have been present from the very beginning of the existence of the human society. Regulatory acts associated with regulation of these relationships embodied solidarity and methodological specificities. The specificity of the subject-matter of regulation, solidarity and methodological specificities of the financial, and legal standards sufficiently define superstructure with a natural law character. The superstructure is based on constitutional system of national states after the EU integration has been completed on the EU law. As we can evaluate retrospectively, the transfer of fmanciallaw competencies in Brussels was a failiure. Since the political union was established through the Lisbon treaty in 2009 the European sovereign debt crisis emerged and ravaged the EU until today.
文摘The development of the EU according to the strategy Europe 2020 has encountered significant difficulties. It was caused in great part by the underestimation and in some cases total ignorance towards the principles of financial science. The paper discusses the absence of financial-law based point of view regarding the future development scenarios until 2020. Then the five goals set out by the strategy are examined. The critical state of finance in the EU shows the fruitlessness of all the harmonization efforts lately. The authors of fake statistics and fake misleading prognoses have not been brought to justice. The causes of the crisis have been wrongly identified. We are losing our wealth, which generations had labored to accumulate. We are actively giving up our civil rights and the security of our citizens to create a more pleasant environment for Saudi Arabia. During this effort we have contributed to the destruction of millions of lives in the Middle East. We are the only ones in the world still lending our trust to rating agencies that deliberately derailed the global economy in the pursuit of extra profit.