The Influence of the Economic Crisis on EU Financial Regulations Changes
Journal Title: Annals of "Dunarea de Jos" University - Fascicle I. Economics and Applied Informatics - Year 2011, Vol 0, Issue 1
Abstract
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.
Authors and Affiliations
Dana MURGESCU
Keywords
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