The European Commission Forecast on the Global Economy under the Economic Crisis

Epure Dãnuþ Tiberius (), Orac Mãdãlina and Brãiloiu Liviu
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Epure Dãnuþ Tiberius: “Ovidius” University of Constanta, Faculty of Economic Sciences
Orac Mãdãlina: “Dunãrea de Jos” University of Galaþi
Brãiloiu Liviu: “Dunãrea de Jos” University of Galaþi

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 419-422

Abstract: This paper illustrates the role of a relevant and balanced analysis on the development of the sustainable economy, by means of global economic forecasts under the contemporary crisis. The forecasts of the European Commission and World Bank are short-termed, since the dynamics of the global economy is emphasized and adversarial, which makes it impossible to predict on medium or long term. A distinct part of the multinational corporations’ analysis aims at their impact the on national economy and the global economy, the GDP evolution and the decrease of the EURIBOR interest rate.

Keywords: interbank market; capital flows; interest rate reduction; corporate income. (search for similar items in EconPapers)
JEL-codes: F23 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:419-422

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