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The euro area suffers from excessive public debt, which is the primary cause of the so-called fragmentation. It should …
Persistent link: https://www.econbiz.de/10014577301
The authors review the challenges that the Romanian economy and society had to face in the European and global geoeconomic context. Starting from the perspectives advanced by the international economic fora, the risks the European economy will have to answer through counteracting and general...
Persistent link: https://www.econbiz.de/10014463458
This study analyzes the correlation between the primary budget balance and the public debt over the last two decades …, for a panel of 12 countries from Central and Eastern Europe, in order to assess their debt sustainability, the level of … debt at which fiscal fatigue may occur, as well as the degree of risk of fiscal fatigue, depending on the past and future …
Persistent link: https://www.econbiz.de/10014581244