European funds have not made enough progress, the sustainable absorption being thus a challenge, the absorption rates being very low with real problems in the implementation of approved projects. The internal absorption rate at the end of 2012 was 16.23% and the external absorption rate (money...

The history of the European monetary integration process reveals the fragile foundation for constructing such a union in terms of economic and political vulnerabilities, which have accumulated over time. In this paper, we mention some of the problems concerning the governance in the euro area,...

The European Monetary Union (EMU) represents besides applying a common monetary policy but also coordinating the economic and fiscal policies. We intended through this study to achieve a synthetic presentation of the main issues with regard to fiscal policy, to fiscal policy rules stipulated in...

The objective of this study is to explain the vicious circle in which the fiscal policy makers from Romania are as a result of the discretionary measures taken during the period previous to the economic crisis. The expansionary fiscal measures adopted by 2008 had exhausted the fiscal space for...

As the European financial markets suffered substantial structural changes in the least decades, under the influence of the financial innovation process, the question regarding the efficiency of an integrated supervision model rather than a specialised one becomes more challenging. The aim of...

The Maastricht Treaty states certain criterias that have to be achieved in order for a EU Member State to qualify in undergoing the 3rd stage of UEM, the introduction of the euro. Slovenia followed a plan based-cooperation between government and national bank, with a clear strategy, adopted the...

The changes occurred in the banking marketing in our country have their origin, firstly, in the changes of the organisational culture which has evolved in the last ten years from the bureaucratic behaviour, categorised excessively, to a specific behaviour for the market economy, based on the...

The European integration process has dominated Europe landscape for the last decade. In least than five years between 2004 and 2007 the number of member states has been raised from 15 to 27. An important part of this process is the development of the single European financial market as a mean in...

The accession of Romania to the EU took place in a moment in which the concepts referring to taxes are clearly marked by the Founding Treaties stipulations and by ECJ jurisprudence. Romanian fiscal law has suffered successive modifications in the past 18 years. The modifications have been...

Each country has its specific features and because of that, the evolutions of some indicators such as inflation, real exchange rate, current account, GDP, competitiveness, employment, and others, as well as trends determinants of real economic imbalances and improvement of divergence differs...