GOVERNMENT AND PUBLIC ENTERPRISE DEBT, PARTICULARISED ON THE PRIVATIZATIONS MADE IN ROMANIA
GOVERNMENT AND PUBLIC ENTERPRISE DEBT, PARTICULARISED ON THE PRIVATIZATIONS MADE IN ROMANIA

Summary/Abstract: The problem of public and enterprise debt is closely correlated with the financial health of a state. The current economic crisis was heralded by the fall of the communism in 1989, when the people who possessed important functions in the leadership of the state, began to make fraudulent privatizations in their personal interest, conducting to serious prejudice to the state budget. Such damage is reflected on the deepening of the public debt and budgetary deficit, but also among the individual that are supporting the anti-crisis measures that were taken.

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