BILAN, Irina; OPREA, Florin - In: Anale. Seria Stiinte Economice. Timisoara XVIII (2012) May, pp. 887-894
On the background of the crisis, public finances rapidly deteriorated in many EU Member States struggling with economic recession. Therefore, fiscal consolidation was needed for improving public finances and turning them to a sustainable path. Authorities considered two main possible actions...