Fiscal competitiveness of EU8+2 countries

Abstract

It is essential for the convergence of the EU8+2 economies that a stable business environment be established as a starting point, which in their case can be achieved by sustainable and balanced fiscal policy. Fiscal balance improves both a country's capital appeal and the chances of euro adoption which would further their competitiveness in the single European market. The positions achieved by the EU8+2 economies in the competitiveness race compared to one another should therefore be looked into. Similarly to a comparative country-based leaderboard among actual competitors, the national fiscal policies of the EU8+2 countries can also be ranked.