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The Influence of the Economic Crisis on EU Financial Regulations Changes

Author

Listed:
  • Dana Mihaela MURGESCU

    (National School of Political Studies and Public Administration, Bucharest, Romania)

Abstract

The occurrence of the global economic crisis has had a widely spread impact on national and European Union economies alike. Reactive measures were taken, on two separate directions: the increase of the fiscal incentives for the private sector (action strongly supported by the USA and Great Britain) or the decrease of public expenditure and the strengthening of financial regulations (viewpoint adopted by the EU). The paper aims to analyze the impact of the economic crisis on the EU budget management (especially for years 2009-2011) and the trends of financial regulations’ change foreseen by the European Commission.

Suggested Citation

  • Dana Mihaela MURGESCU, 2011. "The Influence of the Economic Crisis on EU Financial Regulations Changes," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 91-94.
    • Handle: RePEc:ddj:fseeai:y:2011:i:1:p:91-94
    as

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    File URL: http://www.ann.ugal.ro/eco/Doc20011_1/Dana_Murgescu.pdf
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    More about this item

    Keywords

    Financial regulation; Public consultation; EU budget;
    All these keywords.

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues

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