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Budget Problems in the EU with Focus on Austria

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Jindřiška Š., Michael A.
Littera Scripta
|
2012
|
vol. 1
177-189
EN
This article deals briefly with the topical issue budget deficit in the EU, taking a closer look at Austria as well as it also marginally touches Euro zone and non-Euro zone countries. The attention is drawn to budget deficit, budget deficit in % of GDP. Next, the paper focuses on public debt level and the Maastricht criteria in connection with Euro introduction. Furthermore, the contribution brings up the link among nancial, bank and Euro zone crisis.
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