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This paper aims to emphasize the implications that the signing of the European Fiscal Pact will have on Romania. At the same time are also taken into account the estimates of the European commission concerning GDP and the negotiation of the structural deficit level. The advantages and the...
Persistent link: https://www.econbiz.de/10010925849
Since 1970 there has been a tendency to increase taxation in the Member States, trend that persisted for three decades, given the extension of the public sector in the economy, and hence the growth of public spending. In the late 90s, following the Treaty of Maastricht and then the Stability and...
Persistent link: https://www.econbiz.de/10010925882
In light of the growing public debt, the issue of debt sustainability has increasingly attracted attention. At least half of the EU countries will have to implement stringent fiscal consolidation programmes over the next few years in order to prevent already high public-debt-to-GDP ratios from a...
Persistent link: https://www.econbiz.de/10010925900
In this paper we try to argue why the environmental tax reform should be welcome, especially in our times of economic and financial instability. Therefore, we first state some principles of welfare economics concerning the environment and also remind the debate and outcomes on the double...
Persistent link: https://www.econbiz.de/10010940606
The fiscal politics signifies an important instrument that manages the national economic, owning the ability of influencing the total added value of the manufactured production, meaning the gross domestic product (abbreviated as GDP). The possibility of influencing this indicator, by means of...
Persistent link: https://www.econbiz.de/10010940716
The compulsory contributions for social security represent the group of revenues with the highest weight in the GDP of EU and determined the accentuation of fiscal pressure in the last decades. The relative level of contributions differs from a member state to another because of the conceptions...
Persistent link: https://www.econbiz.de/10008855049
This article aims to study the tax measures taken by the Romanian authorities during the global economic crisis and their impact on the SME sector. The SMEs are essential to the economic recovery; the economic crisis had serious consequences on their number and performance. Global and SMEs’...
Persistent link: https://www.econbiz.de/10010679497
A good planning of the economic development also implies the insurance of money funds needed for financing from internal sources (banks, investment funds, cooperative institutions of credit, factoring and insurance companies, credit agencies, governmental and non-governmental organizations) or...
Persistent link: https://www.econbiz.de/10010631904
Turkey faced with two important economic crises in the last decade. The faults in Turkish fiscal system have had important shares in these economic crises. The crises have also affected Turkish fiscal system. Moreover, the indirect taxes in a considerable amount are the most important feature of...
Persistent link: https://www.econbiz.de/10010632044
Each state of the world has been always established the taxes in order to exhibit both the political and fiscal sovereignty. The state has been able to create its fiscal politics, its fiscal system, which do not contravene to the general international rights, do not favor some countries and do...
Persistent link: https://www.econbiz.de/10010632351