ECONOMIC OF ENGINEERING DECISIONS Correlation of the Indicators of the Financial system and Gross Domestic Product in European Union Countries

At the end of the 20th century and beginning of the 21st century the tendencies of development of the financial system and problems arising in this sector are more and more often becoming the object of scientific research as successfully functioning financial sector in every country is an important precondition for the growth of economy. Upon analyzing the development of the financial system and the influencing factors the problem of influence of the formed financial structure on economic processes cannot be dissociated from it. Indicators of development of the bank sector were used in the research to establish the correlation of the financial sector and gross domestic product of the countries of the European Union: Central bank assets / Total financial assets, Deposit money bank assets / Total financial asset, Other financia