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The aim of the paper is to outline the interests of the European Union and Russia in the area of energy. The paper is focused on measures leading to strengthening the EU energy safety, clarification of the energy vector of foreign policy of Russian Federation determined by the ambition of Russia to become an energy superpower and on highlighting different understanding of diversification of supplies of energy carriers by both parties. However, such different understanding should not lead to significant weakening of their interdependence in the future. Relations EU – Russia are supplemented with problems of source securing in their energy dialogue; in this context special attention is paid to the Caspian region and Central Asia. Examples of concurrence in the interests of the EU and Russia are mentioned as well as examples of collisions in the interests in the area of energy.
EN
The article focuses on Milton Friedman's contribution to the economic science. Milton Friedman belongs to the outstanding economists of the past century; he was one of the founders of the Chicago School, the symbol of monetarism and the leader of the contemporary economic liberalism. Milton Friedman considered free market as the most efficient form for the economy. His contribution to the economic science development is extraordinary. It concerns not only the pure theory and methodology of economic analysis but also empirical analysis, economic policy and the area of basic issues on the comparative economic systems. The core of Friedman's input to the pure economic theory is the first of all his monetary theory - the money-demand and the money-supply conceptions, inflation, as well as the mutual relations between inflation and unemployment.
EN
Paul Samuelson was one of the greatest economists of the second half of the 20th century; his works helped to lay the foundations of current economic theory. The aim of the paper is to show Samuelson's contribution to development of economic sciences which relates to wide range of various areas of economics, mainly economic analysis, economic dynamics and general balance, stability analysis, theory of consumption, capital theory, macroeconomics, multiplier accelerator model, elaboration of Phillips curve, creation and promotion of neoclassical synthesis etc. Samuelson popularized also economic knowledge, in particular by means of the world-famous Economics textbook which became the real Bible of economic sciences for numerous students.
EN
New member countries, including the Slovak Republic, were given a status of the member state with derogation of accepting the euro. Term of the Euro zone entry will depend on the fulfilment of the Maastricht criteria, including the criterion on exchange rate. This assumes at least two years in the ERM II system. The article explains the basis and rules of functioning the exchange rate mechanism ERM II, requirements for fulfilment of the Maastricht criterion on exchange rate, effects of staying in the ERM II system and the strategy of the entry of new EU-member states into this mechanism. At the end, author discusses the time of the Slovak accession to the ERM II and adoption of the euro.
EN
The paper describes the beginnings of the European monetary integration as the effect of world economy's globalization. Globalization is defined as a dominant tendency in the development of the world economy at the end of the millennium resulting in the formation of regional integration blocks, especially the triad America - Europe - Asia . Globalization of the monetary system leads to the creation of the monetary areas; one of the most formed ones is a Euro zone. The author characterizes the European Monetary Union as a unique phenomenon. He outlines its benefits (the decrease of the transaction costs, the elimination of the exchange rate risk, the increase of the price transparency) and the costs (the loss of the independent monetary policy, the loss of the exchange rate as an economic-monetary tool) and evaluates Euro as a specific tool of the integration with the Western European countries.
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