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

Costin Daniel Avram,
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Costin Daniel Avram,: University of Craiova

Annals of University of Craiova - Economic Sciences Series, 2008, vol. 2, issue 36, 937-946

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.

Keywords: Fiscal policy; budgetary deficit; convergence; fiscal competition; fiscal relaxation. (search for similar items in EconPapers)
JEL-codes: E00 E62 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2008:i:11:p:937-946

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