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ABSTRACT
The freedom of movement of capital represents one of the four fundamental economic freedoms on which the internal European market rests. In addition to the freedom of movement of capital, there is also freedom of movement of goods, freedom of movement of persons and freedom of movement of services. The single internal market of the European Union (further: EU) was officially established in 1993, and is considered one of its greatest achievements. The freedom of movement of capital includes regulations in the area of investments, investment funds, deposits, insurance, and dealings with securities, real estate investments, and prevention of money laundering. The questions that will be addressed are related to the movement of capital, the advantage of the movement of capital, the purpose of the movement of capital and the limitations of the movement of capital.
Keywords: freedom of movement of capital, economic freedom, market
1. INTRODUCTION
The freedom of movement of capital has existed since ancient times, but it experienced its full application only with the modified provisions of the Maastricht Treaty in relation to the provisions contained in the Treaty of Rome. The practice of the European Court follows the development of the freedom of movement of capital and its application in general, and in relation to other economic freedoms. The freedom of movement of capital represents one of the four fundamental economic freedoms on which the internal European market rests. In addition to the freedom of movement of capital, there is also freedom of movement of goods, freedom of movement of persons and freedom of movement of services. The single internal market of the European Union (further: EU) was officially established in 1993, and is considered one of its greatest achievements. The freedom of movement of capital includes regulations in the field of investments, investment funds, deposits, insurance, dealings with securities, real estate investments, prevention of money laundering, etc., and some of them will be discussed in more detail in the text of the paper itself.
2. HISTORICAL DEVELOPMENT OF THE FREEDOM OF MOVEMENT OF CAPITAL
The freedom of movement of capital, as a fundamental economic freedom, experienced its full application only with the modified provisions of the Treaty of Maastricht in relation to the Treaty of Rome. The provisions...