Евро(пска) криза
Euro(pean) crisis
Author(s): Dragana RadičićSubject(s): Economy, EU-Legislation
Published by: Институт за међународну политику и привреду
Keywords: Eurozone;sovereign debt crisis;fiscal discipline;financial sector;reforms
Summary/Abstract: Eurozone debt crisis remains the biggest threat to the global recovery. Over the last few months, important and unprecedented steps were taken in order to quell the crisis, providing much-needed assistance to the financial markets. Problems on the periphery of the eurozone, combined with effects of low growth, high interest rates, fiscal imbalances and financial pressures – are still very prominent. Restoring fiscal and financial sustainability as well as devising appropriate strategies for overcoming the crisis, despite the unfavorable economic environment, is a major challenge that requires time.
Journal: Европско законодавство
- Issue Year: 2013
- Issue No: 43-44
- Page Range: 165-178
- Page Count: 14
- Language: Serbian