ANALYSIS OF THE BUDGET BALANCE CHANGES OF THE EU MEMBER COUNTRIES IN RECENT YEARS

Biser Krastev

Abstract


The scientific article systematizes the main theoretical concepts of budget balance. The essence of the budget balance, the reasons for the occurrence of a budget deficit and the ways of its financing are presented. An analysis of the state of the budget balance and its dynamics in the EU member states during the period 2015-2021 has been carried out. Changes in the budget balance under the consolidated fiscal program of Bulgaria in recent years have been analyzed.

Keywords


budget balance, budget deficit, budget surplus, balanced budget

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References


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New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria - contract № КП-06-НП1/5 of 17.12.2019 in the competition of Bulgarian scientific periodicals – 2019

New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.

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