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European Sovereign Debt Crisis

  • Couverture cartonnée
  • 108 Nombre de pages
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Financial crisis exposed the bad state of European public finance. Budget deficits are so domesticated in Europe, that it is hard ... Lire la suite
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Description

Financial crisis exposed the bad state of European public finance. Budget deficits are so domesticated in Europe, that it is hard nowadays to encounter a budget surplus, or at least a balanced budget. Greece once again entered the history, but this time Greeks have absolutely nothing to be proud of. Financial crisis has reintroduced phenomenon known only from war periods - heavily indebted rich countries. European Union never imagined such situation could occur and threaten the existence of the Eurozone itself. There was no plan B. In my work I analyze the process of finding the plan B. Hundreds of billions euro were spent on bailouts of heavily indebted Eurozone Members. Using case studies of the most affected Eurozone economies I want to verify if the Euro was the cause of the European debt crisis. Last but not least, institutional changes of the EU aiming to strengthen economic stability of the Eurozone will be scrutinized.

Auteur

Michael Boruta, Studied Banking and Finance at Charles University in Prague and University of Limerick. Financial controller at Siemens Czech Republic.

Informations sur le produit

Titre: European Sovereign Debt Crisis
Sous-titre: No Two PIIGS the Same
Auteur:
Code EAN: 9783659750410
ISBN: 3659750417
Format: Couverture cartonnée
nombre de pages: 108
Poids: 177g
Taille: H220mm x B150mm x T6mm
Année: 2015

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