The basic objective of this article is the analysis of: 1. Budgetary income and expenditure in the period 1994-1998 and their share in GDP for comprehension of income redistribution extent; 2. Utilization of instruments of public income and expenditures and their influence to possible objectives...

Euro Area member states have agreed to introduce a structural budget balance target to their national legislation (Treaty on Stability, Coordination and Governance). However, there exists no commonly agreed methodology to calculate this macroeconomic indicator. This report presents the...