GREEK CRISIS - CAUSES, CONSEQUENCES AND DEVELOPMENTS

Lucian Gaban, Ioan Batrancea and Paul Minteuan
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Lucian Gaban: "1 Decembrie 1918" University, Alba Iulia, Romania
Ioan Batrancea: "Babes-Bolyai" University, Cluj-Napoca, Romania
Paul Minteuan: "Babes-Bolyai" University, Cluj-Napoca, Romania

Revista Economica, 2016, vol. 68, issue 1, 94-102

Abstract: The financial crisis started in 2007, had and continues to have adverse economic consequences on the world economy. The real estate crisis has reached the banking crisis was continued sovereign debt crisis, and then followed Cypriot crisis and again "Achilles heel" of both relapsed into Greek banks as at the state level. In this paper we will analyze the phenomenon in Greece to highlight possible dangers which have an impact on the EU.

Keywords: crisis; deficit; budget; default; GDP (search for similar items in EconPapers)
JEL-codes: G01 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:68:y:2016:i:1:p:94-102

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