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Optimization of a cycle of cash circulation in the countries of the European Union

Abstract

Article is devoted to the problems of increase of a cash circulation efficiency. The European experiment on the organization of a cash circulation cycle, which is of interest to the Russian financial regulators, is considered.

About the Author

S. V. Krivoruchko
Financial University under the Government of the Russian Federation
Russian Federation


References

1. European Payment Council. EPC 037-13. Improving the efficiency of the handling of cash. Cash Cycle Models EPC Website.

2. Takala K., Viren M. Estimating cash usage in the euro area. Deutche Bundesbank International conference @ The usage, costs and benefits of cash: Theory and evidence from macro an micro data. February 27-29, 2012.

3. Regulation (EU) No. 1210/2010 of 15 December 2010 concerning authentication of euro coins and handling of euro coins unfit for circulation. Decision of the European Central Bank of 16 September 2010 on the authenticity and fitness checking and recirculation of euro banknotes (ECB/ 2010/14).


Review

For citations:


Krivoruchko S.V. Optimization of a cycle of cash circulation in the countries of the European Union. Scientific notes of the Russian academy of entrepreneurship. 2015;(44):88-93. (In Russ.)

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ISSN 2073-6258 (Print)