The European union’s new architecture for macroeconomic and fiscal management during 2021–2027 Cover Image

Новата архитектура на Европейския съюз за макроикономическо и фискално управление през 2021–2027 г.
The European union’s new architecture for macroeconomic and fiscal management during 2021–2027

Author(s): Iana Paliova
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management, Financial Markets, Green Transformation
Published by: Нов български университет
Keywords: fiscal policy; public sector economics; public finance
Summary/Abstract: The European Union has set itself the ambitious goals of restoring fiscal sustainability and economic growth as a condition for the implementation of priorities through the EU MFF for 2021–2027. The adopted package of policies and new financial instruments of the EU raises many questions of a theoretical and practical nature about the relationship between the predictability of public expenditure and the stability of public debt and for the further economic and social convergence of Member States during the period 2021–2027. In this regard, the report examines the EU‘s sustainable development and growth policies and the new EU macroeconomic and fiscal governance architecture over the 2021–2027 programming period.

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