ISSN: 2225-8329
Open access
The topic reflects an analysis of Economic and Monetary Union convergence in tax-budgetary system of Romania and Bulgaria. The importance of this theme is underlined by the objective on the integration of the two European Union member states in the Eurozone. In this context, attention was focused on the aspects of the state of completion of budgetary and fiscal convergence. In its realization it is required a strictly coordination of macroeconomic policies, emphasizing structural reforms and ensuring a stable economic environment. Therefore, the main elements used in the analysis of convergence scenarios are budgetary position of Romania and Bulgaria, the evolution of the annual plan for revenue collection and compliance with targets set in the plan year in government spending.
Delgado, F. J. (2006), Are the tax mix and the fiscal pressure converging in the European Union?”, Working Paper 11/2006, Instituto de Estudios Fiscales, Madrid;
Esteve, V., Sosvilla-Rivero, S., Tamarit, C. (2000), Convergence in fiscal pressure across EU countries”, Applied Economics Letters, Vol. 7(2);
VintilA, G., Onofrei, M., TibulcA, I. L. (2014), Fiscal Convergence in an Enlarged European Union”, Transylvanian Review of Administrative Sciences No. 41 E/2014;
Romanian Government, Fiscal Strategy for the period 2015-2017”, 2014;
Romanian Government, Fiscal Strategy for the period 2012-2014”, 2011;
Ministry of Finance, Republic of Bulgaria, Convergence Programme 2013 – 2016”, April 2013;
Romanian Government, Convergence Programme 2014-2017”, April 2014;
Romanian Government, Convergence Programme 2012-2015”, April 2012;
Romanian Government, Convergence Programme 2009 – 2012”, February 2010;
Romanian Government, Convergence Programme 2006-2009”, January 2007;
Agency for Economic Analysis and Forecasting, Republic of Bulgaria, Convergence Programme 2006-2009”, Decembrie 2006.
In-Text Citation: (Solomon & Capusneanu, 2015)
To Cite this Article: Solomon, A.-G., & Capusneanu, S. (2015). Analysis of Budgetary and Fiscal Convergence Scenarios for Romania and Bulgaria in the Period 2007-2016. International Journal of Academic Research in Accounting Finance and Management Sciences, 5(2), 126–134.
Copyright: © 2015 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode