期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：Romania is among the countries that are vulnerable to the sovereign debt crisis in Europe. As a result of the global crisis,public sector deficit and debt level increase from 2007 to 2009. Deficit remains high in 2010,with only a modest reduction,while debt level continues to rise. This paper analyzes Romania’ vulnerabilities to sovereign debt crisis in the eurozone. Our findings highlight the necessity of major fiscal consolidation and fiscal discipline in Romania - a periphery country - to stay away from sovereign debt crisis.
