Comparative Analysis of the Evolution of Public Debt in the European Union
In the context of the difficult economic situation experienced over the past decade, most EU Member States are calling for increased tax rates to cover budget deficits, but also resort to loans. The effect of the loans was the emergence and accentuation of public debt. In this article we aim to anal...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universitaria Publishing House
2018-11-01
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| Series: | Finanţe: Provocările viitorului |
| Subjects: | |
| Online Access: | http://www.financejournal.ro/fisiere/revista/62877406610_Dalian_Florea%20en.pdf |
| _version_ | 1819115914206904320 |
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| author | Dalian Marius DORAN Nicoleta Mihaela FLOREA |
| author_facet | Dalian Marius DORAN Nicoleta Mihaela FLOREA |
| author_sort | Dalian Marius DORAN |
| collection | DOAJ |
| description | In the context of the difficult economic situation experienced over the past decade, most EU Member States are calling for increased tax rates to cover budget deficits, but also resort to loans. The effect of the loans was the emergence and accentuation of public debt. In this article we aim to analyze the evolution of public debt at the level of the European Union during 2007-2017, both in terms of its structure and its dynamics. The conclusion we reach is that very few Member States have met the conditions imposed by the Maastricht Treaty on public debt. |
| first_indexed | 2024-12-22T05:08:45Z |
| format | Article |
| id | doaj.art-611de94faae04dd2bd0502bb054cb49d |
| institution | Directory Open Access Journal |
| issn | 1583-3712 1583-3712 |
| language | English |
| last_indexed | 2024-12-22T05:08:45Z |
| publishDate | 2018-11-01 |
| publisher | Universitaria Publishing House |
| record_format | Article |
| series | Finanţe: Provocările viitorului |
| spelling | doaj.art-611de94faae04dd2bd0502bb054cb49d2022-12-21T18:38:03ZengUniversitaria Publishing HouseFinanţe: Provocările viitorului1583-37121583-37122018-11-01120108113Comparative Analysis of the Evolution of Public Debt in the European UnionDalian Marius DORAN0Nicoleta Mihaela FLOREA1University of Craiova, RomaniaUniversity of Craiova, RomaniaIn the context of the difficult economic situation experienced over the past decade, most EU Member States are calling for increased tax rates to cover budget deficits, but also resort to loans. The effect of the loans was the emergence and accentuation of public debt. In this article we aim to analyze the evolution of public debt at the level of the European Union during 2007-2017, both in terms of its structure and its dynamics. The conclusion we reach is that very few Member States have met the conditions imposed by the Maastricht Treaty on public debt.http://www.financejournal.ro/fisiere/revista/62877406610_Dalian_Florea%20en.pdfpublic debtgovernment securitiesthe public debt crisispublic loan |
| spellingShingle | Dalian Marius DORAN Nicoleta Mihaela FLOREA Comparative Analysis of the Evolution of Public Debt in the European Union Finanţe: Provocările viitorului public debt government securities the public debt crisis public loan |
| title | Comparative Analysis of the Evolution of Public Debt in the European Union |
| title_full | Comparative Analysis of the Evolution of Public Debt in the European Union |
| title_fullStr | Comparative Analysis of the Evolution of Public Debt in the European Union |
| title_full_unstemmed | Comparative Analysis of the Evolution of Public Debt in the European Union |
| title_short | Comparative Analysis of the Evolution of Public Debt in the European Union |
| title_sort | comparative analysis of the evolution of public debt in the european union |
| topic | public debt government securities the public debt crisis public loan |
| url | http://www.financejournal.ro/fisiere/revista/62877406610_Dalian_Florea%20en.pdf |
| work_keys_str_mv | AT dalianmariusdoran comparativeanalysisoftheevolutionofpublicdebtintheeuropeanunion AT nicoletamihaelaflorea comparativeanalysisoftheevolutionofpublicdebtintheeuropeanunion |