Contribution is focusing on development European currency integration and other reciprocal context of concerning to common currency of European union states. Further is dealing with relation of European currency union compared with global currency policy and acquaint with influence of national fiscal policy and reminds also exercise of currency policy CNB-(Czech national bank) as a expressive stability element of macroeconomic environment.
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This paper deals with the development of European monetary integration in compliance with accepted rules so-called Basel Capital Accords, their amended version used to be distinguished as Basel II. Their effect and potential requirements for their amendment conformably to the current global capital markets’ development shall come true in the near future.
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