The European Business Law between Tradition and Innovation

Résumé

The paper deals with the importance of the European harmonized law system during the present and the future evolution. For the beginning, we define and analyze the fundamental elements of the European law and provide a history of the European law’s evolution. A distinct part of the paper deals with the European law institutions, especially the Court of Justice which defines and influences the juridical system analysis and its specific instruments.  The main conclusion of the paper is that the harmonized law system represents a challenge for the EU 27.