FISCAL AND BUDGETARY INTEGRATION: TOOL OR OBJECTIVE FOR THE EURO AREA ?
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Authors:
• Ph.D. Mariana BĂLAN, email: dr.mariana.balan@gmail.com, Afiliation: „Athenaeum” University, Bucharest
• Assistant Alina Georgiana SOLOMON, email: alinagsolomon@yahoo.com, Afiliation: “Dimitrie Cantemir” Christian University, BucharestPages:
• 5|14 -
Keywords: optimum currency area, the euro area, fiscal policy, taxation
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Abstract:
This paper presents a theoretical and practical approach to fiscal policy seen as an instrumental variable in the Euro Area. It tries to highlight specific aspects of the mechanism of tax tools, ways of transmission towards industry and its influence. It also presents the new approach to European construction, based on benchmarks provided by the doctrinaire and reaching today's reality (offered by the institutions with competence in this area), subject to the decisions actually included in the specifications or protocols, but also to strategies both at the European level and in each European Union member state.
