Implications of International Economic and Financial Crisis on State Aid Granted in The EU Member States

Andreea Dragoi

Revista de Economie Mondiala / The Journal of Global Economics, 2013, vol. 5, issue 4

Abstract: The emergence of global financial and economic crisis in 2007 and its effects on the real economies of the member states, since 2009, have led to a series of reforms and new developments in all EU common policies, which aimed to provide tools and solutions to boost economic growth and financial stability in EU. One of the most reformed common policy was undoubtedly state aid policy that became one of the main tools to support the banking and financial sector in all member states. Our analysis aims to highlight the impact of the international financial and economic crisis on the different types of aid granted by Member States to respond to exceptional conditions and systemic risks brought by the crisis in the banking sector, highlighting also the economic implications on the EU budget.

Keywords: state aid; warranties; depreciated assets rescue; restructuring (search for similar items in EconPapers)
JEL-codes: G G02 G15 G18 K (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iem.ro/rem/index.php/REM/article/view/127/133 (text/html)

Related works:
Journal Article: Implications of International Economic and Financial Crisis on State Aid Granted in The EU Member States (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:5:y:2013:i:4:id:2822000008749011

Access Statistics for this article

Revista de Economie Mondiala / The Journal of Global Economics is currently edited by Simona Moagar Poladian, PhD

More articles in Revista de Economie Mondiala / The Journal of Global Economics from Institute for World Economy, Romanian Academy Contact information at EDIRC.
Bibliographic data for series maintained by Ionela Baltatescu ( this e-mail address is bad, please contact ).