From the Financial Crisis to the European Debt Crisis
Autor: | Stefan Redlich |
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EAN: | 9783960913795 |
eBook Format: | |
Sprache: | Englisch |
Produktart: | eBook |
Veröffentlichungsdatum: | 24.01.2012 |
Untertitel: | Research on developments and analysis of potential impacts and consequences |
Kategorie: | |
Schlagworte: | EFSF Euro Bonds European Sovereign Debt Crisis Greece PIGS PIIGS currency euro area euro crisis euro zone rescue fund |
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The objective of this paper is to review and critically analyze the situation of different euro area member states (Portugal, Ireland, Greece and Spain), commonly referred to as PIGS, the different proposals put forward and ultimately develop and structure a tailored proposal as how to cope with the crisis. Additional analysis will concentrate on the way and the timing the German government reacted to the crisis. A concise conclusion sums up the crucial points of this paper and also gives an outlook, respectively a prognosis, of the future based on decisions taken or agreed to be taken.