The proper functioning of the European internal market would be impossible withoutfiscal harmonization. The main objective of fiscal harmonization process is the prevention ofdistortions of the competitive process and the attainment of an equitable allocation of financialresources between Member...

The harsh conditions that marked the evolution of the Romanian financial system werestrongly marked by the manifestation of the global financial and economic crisis. In the earlyperiod of the crisis, the Romanian economy already passed through a period of growth in highrates, but accompanied by...