During the period 2004-2012, the credit institutions in Romania which activated in a highly competitive environment needed to adapt themselves to the new environment characterized by austerity and uncertainty – associated with the persistence of the effects of the international financial and...

Stability and Growth Pact strengthened macroeconomic imbalances procedure, both managed under the European Semester, are intended to anticipate problems and to ensure corrective action as necessary, evidencing the intensification and expansion of economic governance in Europe. To get a larger...