One for All and All for One: Euro Crisis
F. Pavoncello ()
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F. Pavoncello: John Cabot University, Rome, Italy
Finansovyj žhurnal — Financial Journal, 2011, issue 4, 5-12
Abstract:
The work analyzes the euro zone problems that escalated in the world financial crisis environment and traces the history of the European currency establishment. It also discusses sovereign debt of the Euro zone countries, primarily, those of Greece, and the ways to resolve such problems. It stresses the absence of alternatives for the collective financial responsibility of the European Union.
Keywords: euro zone; European Union; euro crisis; the Treaty of Maastricht; public expenditure cuts; default on sovereign debt (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:110401:p:5-12
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