Valentin Lazea: Fiscal federalism, advantage for Romania

Fiscal federalism, through the Treaty on Stability and Coordination in the Economic and Monetary Union, will have advantages for Romania as it will secure its quasi-free access to European funds, chief economist of the National Bank of Romania Valentin Lazea told a specialist debate. 'Fiscal federalism has three advantages for Romania. Accessing European funds quasi-freely, disciplining monetary policies and maximizing global protection of a small economy,' said ...

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