romanian english

Ioana Maria COSTEA: Financial crisis and insolvency of administrative-territorial units

Abstract: The budgetary procedure of territorial administrative units is a consequence of local autonomy as allowing local management of financial resources, under the authority of local representative. But the economy can generate difficulties to these micro-budgets, legal difficulties which are enshrined as a state of financial crisis or a state of insolvency of administrative-territorial units. The legal regime and working procedures are remedies for balancing the budget.

Keywords: state of financial crisis, insolvency, administrative-territorial unit

Faculty of Law

B-dul Carol I nr. 11, cod 700506, IAŞI
Secretariat full-time learning:
+40 232 201058
+40 232 201158
Fax: +40 232 201858
Secretariat distance learning:
+40 232 201272
Fax: +40 232 201872

Copyright Faculty of Law, IAŞI , 2024
The server generated the answer in 0.0770 sec.