El déficit y la deuda: atribuciones de la Hacienda y el Parlamento Vasco

Abstract

Although these notions really came earlier, the recession that began in 2008 has made the matters of the deficit and its corollary, the public debt, come to the forefront of current affairs. This article starts by noting basic concepts that define the surplus/deficit. It then sets out the basic regulations of both European Governance and at a State level. Likewise, the article’s central theme revolves around how budgetary stability is intertwined with the Basque Economic Agreement, placing an emphasis on the erosion that the Judgements of the Constitutional Court in relationship with State appeals have brought about under the argument of budgetary stability and in terms of self-management of budgetary aspects in the Basque Autonomous Community and in Navarre, as the regional individuality that the Agreement and the legal provisions on budgetary stability dictate is not recognised as it should be. Lastly, some reflections are made on the intricacies of the surplus/deficit that bring about a coexistence between the Basque Government and the Regional Councils.