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This paper empirically studies whether it pays off (in terms of economic growth) to fulfill the convergence criteria on the public budget and participation in the Euro-zone. The analysis is based on data of European economies with a special focus on twelve Euro-zone members and a control group...
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EU has increased from 58.7 to 86.8 percent from 2007 till 2014 and opened a vast field for discussions - how economic … debt has uniform negative impact on economic growth in all EU Member States but in the long-run negative impact is only in …
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