-deficit ffect is particularly pronounced in the case of expenditure cuts and in Eurozone countries. These findings are in line with …

-deficit effect is particularly pronounced in the case of expenditure cuts and in Eurozone countries. These findings are in line with …

two deficits is asymmetric and the negative impact of the recent Eurozone banking and sovereign debt crisis on the current … positive impact of the budget balance on the current account balance is higher in the cases of non-Eurozone countries, high … budget deficit countries, and low exports countries, whereas it is lower in the cases of Eurozone countries, low budget …