In the current economic context, taxation impacts all aspects of the business environment. Using the business confidence index as an estimation of the expected evolution of the manufacturing sector and fiscal pressure as the result of taxation of companies, this study analyses the relationship...

Fiscal convergence has always represented one of the objectives of decision factors from EU member states. An important step in this direction was recently made, through signing of the Fiscal Stability pact by 25 member states. Thus, clear limitations were established for the budget deficit,...