The Latest Developments in European Construction

Alin Ioan Cretu, Alina Stefania Chenic and Ana Nastase
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Alin Ioan Cretu: Bucharest University of Economic Studies, Romania
Alina Stefania Chenic: Bucharest University of Economic Studies, Romania
Ana Nastase: Sf. Luca Hospital, Bucharest, Romania

Economics and Applied Informatics, 2021, issue 2, 186-192

Abstract: More than a year after the WHO officially declared the SARS-VOC-2 pandemic, Europe, like the rest of the world, has been brutally affected by an unprecedented health crisis in the last hundred years. Of course, this crisis has affected, in addition to the medical system of each nation, multiple other socio-economic-financial aspects, generated vertically and horizontally, both at state and global level. Without detailing the profoundly negative aspects of the quality of life from the psycho-social point of view and of the sustainability of health, the pandemic crisis has generated and may continue to generate a serious economic-financial crisis. Obviously, we will focus on the situation created in the European Union EU-27, relatively recently amputated by the official exit of the UK, which probably generated an amplification of the direct and indirect pandemic effects in the Union. At this moment, the EU-27 is in a critical moment, really at a crossroads, which implies a complex and perhaps even drastic rethinking and reform of the entire functioning ensemble.

Keywords: global economy; pandemic situation; coronavirus; plans and strategies; future of the pandemic; reformation (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2021:i:2:p:186-192

DOI: 10.35219/eai15840409210

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