The Influence of the Economic Crisis on EU Financial Regulations Changes
The occurrence of the global economic crisis has had a widely spread impact on national and European Union economies alike. Reactive measures were taken, on two separate directions: the increase of the fiscal incentives for the private sector (action strongly supported by the USA and Great Britain)...
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| Format: | Article |
| Language: | English |
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Dunarea de Jos University of Galati
2011-03-01
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| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
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| Online Access: | http://www.ann.ugal.ro/eco/Doc20011_1/Dana_Murgescu.pdf |
| Summary: | The occurrence of the global economic crisis has had a widely spread impact on national and European Union economies alike. Reactive measures were taken, on two separate directions: the increase of the fiscal incentives for the private sector (action strongly supported by the USA and Great Britain) or the decrease of public expenditure and the strengthening of financial regulations (viewpoint adopted by the EU). The paper aims to analyze the impact of the economic crisis on the EU budget management (especially for years 2009-2011) and the trends of financial regulations’ change foreseen by the European Commission. |
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| ISSN: | 1584-0409 |