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...

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,...

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...

The paper presents the evolution of two of the most important indicators for economic development. The indicators took into consideration in this research refers to Gross Domestic Product(GDP) and the investment by institutional sector in percent of Gross Domestic Product. The analyze was made...

Financial stability, as a result of the recent financial crisis, has become one of the most debated issues in the economic and political environments. Therefore, this paper aims to analyze the concept of financial stability within the European Union, describing the actual supervisory structure...

It is appropriate that the role and scope of audit to be made and investigated in the general context of reform of financial market regulation. The audit, along with corporate oversight and governance, should contribute heavily to financial stability, because its role is to provide a guarantee...

The scope of this article is to illustrate the general issues relevant for understanding the implications of the global crisis on European money market integration. We structured our paper on chapters that present the evolution of the considered market from the launch of euro until the financial...

Structural and Cohesion Funds offers Romania a unique opportunity to develop its potential growth and to accelerate the catching-up process. Post-accession EU funds allocated to Romania – if they will be integral used - represents an annual injection of resources of 3-5 percent of GDP in the...