Crisis in the Euro Area and the Euro: The Game of Giants - Euro vs. Dollar

Isabella Sima (), Camelia Marin (), Cristina Tenovici and Elena Nisipeanu ()
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Isabella Sima: Academy of Economic Studies
Camelia Marin: Academy of Economic Studies
Elena Nisipeanu: Academy of Economic Studies

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2012, vol. 2, issue 1, 57-64

Abstract: Sovereign debt crisis in the Euro area, which began officially in Greece, was predicted by over the years for many specialists in the field. It has spread throughout the European continent, spreading it as an epidemic and affecting, as expected, more countries with a weaker economy, even if they were not part of the Euro area. However, its effects were seen in Europe and abroad, in the light of the fact that the single currency is an international currency and any flaw in her immune system makes the confidence the world actors in it to fall ... or not?

Keywords: Sovereign debt crisis; euro; dollar; international currency; supremacy (search for similar items in EconPapers)
JEL-codes: F30 F31 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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