Central Banks of the Visegrad Group States in the Light of Constitutional Regulations

Abstract

Abstract The Visegrad Group is a regional form of cooperation of four Central European states, i.e. Poland, the Czech Republic, Slovakia, and Hungary. The above states have been members of the European Union since 2004. What is more, the Visegrad Group is recognized as an alliance and forum for exchanging experiences and developing common positions on matters of particular importance for the future of the region and the European Union. The constitutional provisions of the Visegrad Group states regarding the legal and constitutional status of a central bank were analysed and compared on the basis of analogies and differences. Importantly, today central banks play a significant role in the socio-economic and political system of a state. In particular, the article contains an innovative approach to the subject by comparing the subject matter from the perspective of constitutional regulations. The considerations are based on both the literature of scientific representatives and constitutional regulations, creating a complete and original presentation of the issue.