Current Risk of Budget Deficit

Mariana Paja
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Mariana Paja: Economics Faculty, Ecological University of Bucharest, Romania

Eco-Economics Review, 2016, vol. 2, issue 2, 37-45

Abstract: To correct the serious imbalances accumulated before the crisis from 2014 to 2010 there were taken a number of tough but necessary reforms that have created today's macroeconomic situation. The macroeconomic situation of the country is likely to weaken again because of legislative initiatives with electoral purposes since the middle of 2015. Accelerating them represents a threat to financial stability or a danger to economic performance. One of the risks that could materialize because of it is the risk of budget deficit and public debt.

Keywords: risk; public debt; GDP; budget deficit (search for similar items in EconPapers)
JEL-codes: H12 H62 H63 (search for similar items in EconPapers)
Date: 2016
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