The aim of this thesis was to evaluate the situation and development of the indebtedness of self-governing units with regard to the sustainability of individual budgets and also with regard to sustainability of consolidated public budgets in the Czech Republic, and therefore assess the conception of fiscal regulations for self-governing units in the Czech Republic. Based on the aim of the thesis a research question needed to be proposed: Are budgets of self-governing units one of the factors leading to the deterioration or improvement of sustainability of public finance? At first there are defined terms related to the indebtedness and debt regulation of local governments. Part of thesis is to analyze the indebtedness of all municipal and regions. The calculations of this work were divided into two parts: macro and micro point of view. On the basic of calculations it is possible to summarize that in 2014 the debt of municipalities was developing favorably in comparison to the debt of regions. The most problematic categories are municipalities with a population of 200 and cities with more than 100 001 people. The debt of self-governing units makes just under 7 % of the public debt. Based on the thesis, it is possible to reach the conclusion and answer the research question that budgets of the self-governing units are really one of the factors leading to the improvement of sustainability of public finance. Generally speaking, the public finance in the Czech Republic is considered as sustainable. The ratio of public debt to GDP is decreasing and is way under 60 %. The only possible problem is the debt of the regions. Their debt is constantly rising, however in comparison to the total public debt, it is still insignificant.

The subject of this diploma thesis is to analyse the development of public debt in the Czech Republic between years 1993 and 2014. The text is divided into two main parts, the section about theoretical basis of this topic and the section which contains practical knowledge about specific aspects of the Czech public sector. The theoretical part briefly defines basic terms and facts of the public debt, such as public sector, budgetary system and public debt classification. The second part focuses on real-life functioning of the Czech public sector, so there are introduced Czech budgetary system and budget process and various methodological frameworks for debt analyses. The final and most significant part of the thesis deals with the real values of state, municipality and government indebtedness, emphasis is placed on the development trends.

The aim of this thesis is the state and the dynamics of indebtedness of territorial self-governing units in the Czech Republic to evaluate. The thesis has two parts - the theoretical part and the practical part. The important information about this issue are in the theoretical part. The information are drawn from the technical literature, the information of Ministry of Finance of the Czech Republic and the other sources. This part contains the tract on the returnable financial resources, the debt and its reporting, the causes of indebtedness, the problems, which the indebtedness of local governments will cause and the regulation of indebtedness of local governments. The practical part is divided into 5 parts - The analysis of debt of territorial self-governing units in relation to the public debt of the Czech Republic, The analysis of indebtedness of municipalities of the Czech Republic, The analysis of indebtedness of regions of the Czech Republic, The analysis of municipalities of the Czech Republic with higher measure of risk of municipal finance and The regulation of debt of local governments in the Czech Republic. For example it was discovered, that the public debt of the Czech Republic grow all the time, but the share of municipal debt and regional debt to the public debt is minimal. The municipal indebtedness of the Czech Republic has the growing trend. The municipalities use the credits often, the issue of municipal bonds and the approved returnable financial assistances. In 2012 the debt of municipalities with 5 000 and more inhabitants made up 73 per cent of total municipal debt. The regions has growing trend except 2010. The regions use the credits often and the approved returnable financial assistances. In 2011 and in 2012 the highest debt per 1 inhabitant had the Olomouc Region, the Karlovy Vary Region and the Pardubice Region. The Plzeň Region had the zero debt per 1 inhabitant. In category of municipalities with higher measure of risk of municipal finances was 47 municipalities from 6 244 monitored municipalities. The worst situation is in municipalities: Prameny, Turovice and Bublava.

The aim of the thesis is to describe effective legislation that regulates collecting fees for removal and other disposal of municipal waste organised by municipalities. There are used also various socioeconomic approaches and the thesis seeks for the best solution how to collect the fees for the service. The study is mainly focused on Municipal Fees Act and its regulations because they cause most of problems in practice. Author's opinion is that such a regulation is completely wrong. According to the author of the thesis, there were found features of The Tragedy of the Commons theory in the regulations which means in practice that the whole system is going to either collapse or cost even more money to be kept. The next negative of the legislation is the possibility to circumvent paying the fees. Then, it was proved in the study that the main principle which is the legislation built on, does not work in practice. The principle is that costs paid for the removal and other disposal of municipal waste are supposed to be equivalent to a number of inhabitants living in a town. Because of an absolute personal principle, it was also described in the thesis that minors become debtors when they turn 18 because of their irresponsible parents who do not pay the fees for them. It was recognized in the thesis...

Diploma thesis describes the development and prospects of greek economy, mainly focused on Economic adjustment programme for Greece introduced in May 2010. Main chapter introduces the goals of the programme and design of main reforms. Estimates of further economic development and the possible restructuring of greek debt was presented.

V této práci je ukázán vývoj dluhu obcí v České republice v období 1994 až 2005. Je zde zkoumán vliv dluhu obcí na veřejný dluh a také jeho ostatní vlivy. Dluh obcí je jednou z částí veřejného dluhu a proto se ho stát snaží regulovat, i když je obec ve svém hospodaření nezávislá. V této práci jsou také jednotlivé formy regulace dluhu obcí obsaženy.

Diplomová práce na úvod charakterizuje veřejné výdaje, projekty a programy a dále se stručně zmiňuje o veřejných příjmech a fiskální nerovnováze. V další části se zabývá strukturou veřejných výdajů, včetně rozpočtových pravidel a rozpočtové skladby. V hlavní části sleduje vývoj a rostoucí trend veřejných výdajů státního rozpočtu a územních rozpočtů, porovnává příjmy a výdaje a zmiňuje se o růstu dluhu. V závěru se snaží nastínit možná opatření zamezující neustálý růst veřejných výdajů.

This thesis is focused on issues of indebtedness of the Czech Republic and surrounding EU area countries. The theoretical part explains this topic generally, reasons and kinds of indebtedness, division indebted countries, the measuring of indebtedness and possible ways to reduce or eliminate incurred debt. The practical part is focused on recording and comparing specific parameters of debts of the ČR and EU region for the specific period of time and it is also focused on identifying mutual and different attributes of economic development of the states. The end summarizes generated information and gives a solution to the debt problems of local area countries at the present time.

Study aims to evaluate the development of the Czech Republic in case of entry into the European Monetary Union. Due to the similarity of the Czech economy with neighboring Slovakia, it is the assessment carried out by means of economic development was the Slovak Republic after joining the European Monetary Union. They are evaluated by selected convergence criteria and the further development of some macroeconomic indicators of the country, which is subsequently compares with the development of the Czech Republic in the same period. The same glasses are compared and selected the Baltic states, which joined the European monetary union last. Subsequently, using deductive methods outlined the economic development of the Czech Republic for entry into the European Monetary Union. The last chapter is devoted to the criterion of exchange rate stability, it is pointed out to the strategy states, which have already become members of the European Monetary Union, and passed without major cost exchange-rate mechanism EMR II. In this chapter, the simulated process Czech Republic's entry into ERM II and learned from him the results.

A main focus of this thesis is a relationship between government debt and rating of a respective country. The first chapter forms a theoretical basis and deals with a general characteristics of rating for all economic subjects, introduction of the three most important rating agencies and last but not least with government debt. The theoretical part is followed by a description of government debt's development and rating of the Czech Republic. An application part of the thesis conducts a basic analysis of relationship between government debt and rating and subsequently the core analysis using a specific framework from a rating agency.