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Coordinates of the Romanian fiscal policy in the context of european integration

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  • Costin Daniel AVRAM,

    (University of Craiova)

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    Abstract

    The moment of EU extension to the east at the 1st of January 2007 is extremely important in the recent Romanian history. A feeling of self satisfaction has unfortunately come upon Romania like the one specific for a person who can rest in peace until the destination after hardly catching an important train. For Romania, a country behind the present times, the only chance is a long term economic growth, approached in an European context, by focusing the economic, monetary, currency and fiscal policies towards the achievement of a lasting economic growth. The Union works for the durable development of Europe, based on a balanced economic growth and prices' stability, on a highly competitive market economy, which targets the employment of the entire workforce and the social progress, as well as for a high level of environment protection and quality improvement[....]. This promotes the economic, social and territorial cohesion but also the solidarity between the member states as the article n. 2 of the Treaty concerning the creation of the European Community stipulates.

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    Bibliographic Info

    Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.

    Volume (Year): 2 (2008)
    Issue (Month): 36 (may)
    Pages: 937-946

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    Handle: RePEc:aio:aucsse:v:2:y:2008:i:11:p:937-946

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    Related research

    Keywords: Fiscal policy; budgetary deficit; convergence; fiscal competition; fiscal relaxation.;

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