SLOBODNO KRETANjE KAPITALA U EVROPSKOJ UNIJI

Stojiljković Jelena (Министарство спољних послова Републике Србије), lelastojiljkovic@gmail.com

This paper is about the free movement of capital as one of the European Union’s four freedoms together with the free movement of goods, services and people. In this paper, it will be shown what constitutes the free movement of capital and what constitutes the restrictions of free movement of capital, mostly through the practise of the European Court of Justice. Furthermore, the relations between the free movement of capital and third countries will be shown and also a problem of capital localization. Then, the member states’ rights regarding restrictions will be shown. In the end, the relation between foreign direct investments, bilateral agreements and free movement of capital will be analyzed.

Keywords: free movement of capital, four freedoms, European Court of Justice, restrictions, foreign direct investments, bilateral agreements