Katnic, Milorad
November 2004
Montenegro Economic Trends;Nov2004, Vol. 18, p78
Discusses the fiscal rule implemented by the European Union, as of November 2004. Factors that contributed to the formulation of the fiscal rule, including the maintenance of public finances; Comparison of the significance of budget balance to the level of debt according the fiscal rule; Details of a proposition by the European Commission on the relation of debt criteria to the budget deficit.


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