PACTUL DE STABILITATE ŞI CREŞTERE ÎNTRE DISCIPLINĂ FISCAL-BUGETARĂ ŞI FLEXIBILITATE
THE STABILITY AND GROWTH PACT BETWEEN FISCAL/BUDGETARY DISCIPLINE AND FLEXIBILITY

Summary/Abstract: This paper discuss about the framework of the fiscal and budgetary policies of the European Union. It focuses on the possibility to distinguish the fiscal flexibility and discipline in the policy coordination process proposed first time by the Treaty of Maastricht and then by the Stability and Growth Pact in the initial form and, after march 2005, by the revised Stability and Growth Pact.

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