Marinas, Marius-Corneliu - In: Theoretical and Applied Economics 2(519) (2008) 2(519), pp. 19-24
The budgetary position in the euro area and the EU improved significantly in 2007 compared to the previous year. The headline deficit declined to 1.6 % of GDP in 2006 and 1.1 % of GDP in 2007, down from 2.5% of GDP in 2005. The structural budget deficit diminished from 2% of GDP in 2005 to 0.8%...
