Macedonia's Growing Public Debt Threatens Fiscal Stability on Path to EU
The article discusses how the global economic crisis in 2008 led to a renewed focus on government intervention in fiscal policies. It explores the concept of fiscal sustainability, especially in the context of European countries facing challenges with public debt and economic growth. The study looks at Macedonia's growing public debt and analyzes its fiscal policies to assess its stability on the path towards the EU. The main goal is to understand the importance of maintaining sustainable public finances for future economic shocks and demographic changes.