To ensure the safety and soundness of the global financial system as well as individual
financial institutions and to reduce systemic risk, numerous policy measures and regulatory …

The aim of the discussion paper is to define primary sources of European debt crisis and to
identify the facts to be taken into account when providing solutions. The paper notes that …

Many economists argue that fiscal balance (ie preventing fiscal deficits and establishing
rules for government lending) positively affects the growth rate. Several studies document a …

In a volatile global economic system, the need for comprehensive media portrayal of
economic crises intensifies. Crises expose the deficiencies of existing financial systems and …

“The Greek and the Cypriot Financial Crises: A Comparative Political Economy Approach” Page
1 1 School of Economics and Regional Studies Department of Balkan, Slavic & Oriental Studies …

The current crisis in the Euro Area is mostly a serious crisis of confidence. Its solutions have
to be systematic and consistent. Our paper discusses its main systematic reasons while …

This dissertation examines the prospects of establishing a genuine European fiscal union–a
key structure for completing the economic and monetary pillar of the European Union (EU) …

Expansionary fiscal consolidation (or expansionary fiscal contraction, EFC) is the
fundamental macroeconomic policy framework of the euro area. EFC argues that a carefully …

Purpose: The purpose of this article is to assess tax regime similarities among Eurozone
countries in the field of Personal Income Tax, given that human capital is highly mobile and …

Taxation is a basic revenue source for a state. In this paper we present the essential
characteristics of Greek taxation system. We analyze the taxes from different income …