The European Union sovereign-debt crisis brings up again the problem of current account sustainability, the fiscal policy sustainability and the public debt sustainability, as well as the interconditionality between them. On the background of the severe structural problems, the lack of...

The process of economic integration between Romania and the Euro area has supposed the emphasis both of the trade and the financial linkages between these economies, especially during the period 2003-2008. Prior to the economic crisis, the foreign financial flows in have generated a fast...