Evolution of the Consolidated General Budget and Budget Deficit Between 2012-2016 in Romania

References

[1] Georgescu M. A. - Administration of public finances and budget, ed. Pro Universitaria 2011, pag. 182
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[2] Art. 10 Law 10/1991 on public finance
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[3] Law 72/1996 on public finance
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[4] Paragraph 2. Art 1. Cap.1 Law nr. 500 from July, 11th, 2002 on public finances
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[5] Paragraph 2 Art 3 Law no. 69 of 16 April 2010 fiscal-budgetary responsibility
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[6] So as to respect the reference values for budget deficit and public duty, the benchmarks imposed in Protocol 12, through modifications of Law no. 69/2010 of fiscal budgetary responsibilities, article 7 and 7 nr 69/2010, were taken into the national legislation.
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[7] Protocol no. 12 regarding the procedure that applies to excessive deficits, appendix to the consolidated version of the treaty regarding the functioning of EU and the Fundamental Rights Book of EU. Romania ratified the Treaty of Lisbon through which is modified the Treaty regarding EU and the Treaty of establishing the European community by Law no. 13/2008.
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[8] Report regarding the macroeconomic situation in 2017 and its projection in 2018-2020, emmited by the Romanian Government on 23.01.2017.
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