The Implications of Public Indebtedness on Public Expenditures in Romania

In this article we analyze which are the mutations of public debt stock and public debt service on the structure of public expenditures. We use functional classification of public expenditures and observe their evolution by using multiple regression equation in order to emphasize the shifts of public expenditures as a response at public debt service and its stock variations along with other macroeconomic indicators which bear a significant influence on public expenditures dynamic.