The fiscal development of the European Union

Alexandra Plesea-Cretan

Academic Journal of Law and Governance, 2014, vol. 2, issue 1, 47-54

Abstract: The European Union is an emerging supranational structure of governance that aims to become a federation. The goals and objectives of this new player on the international stage are becoming more and more complex. Under this context, the fiscal stability of this structure is very important, as it ensures the actual functioning of the European Union. The new concept of fiscal development, which implies the convergence of the convergence of the national fiscal systems and the fiscal consolidation, deserves a higher attention, as it is the very basis of the balance of the European construction.

Date: 2014
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