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THE IMPACT OF THE COVID-19 PANDEMIC ON PUBLIC DEBT AT NATIONAL LEVEL COMPARED TO OTHER MEMBER STATES OF THE EUROPEAN UNION

Chirculescu Maria Felicia
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Chirculescu Maria Felicia: UNIVERSITY CONSTANTIN BRANCUSI TARGU JIU

Annals - Economy Series, 2022, vol. 4, 165-172

Abstract: The purpose of the present research is to present the situation of Romania from the point of view of the government debt determined according to the methodology of the European Union, as well as the positioning of Romania, within the European Union from the point of view of the mentioned indicator. The research carried out highlighted the effects of the COVID-19 pandemic on the government debt, but also the opinions of financial specialists who mention that a responsible fiscal-budgetary policy could lead to the relaunch of the economy in Romania against the background of the pandemic crisis. The resources borrowed and remaining to be repaid at a given time, at the level of any state, constitute an additional argument that justifies the topicality and importance of the research topic. The main objective of the research theme was to present the effects of COVID-19 on Romania's government debt.

Keywords: public debt; budget policy; pandemic (search for similar items in EconPapers)
Date: 2022
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