Financial consumer protection and the European Social Model
This article argues that the extension of the additional protection against unfair commercial practices - provided only to a strictly limited group of consumers in other areas of consumer protection - to all consumers in the field of financial consumer protection could potentially be justified. Furthermore, it highlights the importance of promoting financial literacy, which would require the development of up-to-date financial education and awareness programmes: through the use of its education and training policy instruments, the European Union could promote the availability of these programmes across all member states. Read more... (Daniel Szilágyi)
Foreign Direct Investments and International Tribunals: Why the connection is important?
Foreign Direct Investments (FDIs) have been the main engine in the economic growth of countries with developing economies. Nowadays, institutions of international business law are facing certain challenges in the area of foreign investment. These challenges mostly rise up from the nature of legal system in recipient countries. Because of their specific nature such as favorable atmosphere for foreign investors, international tribunals also have different approaches regarding these cases. Read more... (Ninjin Bataa)