This paper focuses on adjustments in fiscal policy in five CEC’s whose accession seems to be politically most feasible, and who have expressed the strongest desire to join the Union. They include: Poland, the Czech Republic, Slovakia, Hungary, and Slovenia. Fiscal consolidation in these...

On December 16, 1991 Poland signed an Association Agreement with the European Communities which came into force on February 1, 1994. The remaining countries of the Wyshegrad Group (Hungary, and the Czech and Slovak Republics) also signed such agreements with the European Union. It is...