Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
981318 | Procedia Economics and Finance | 2014 | 7 Pages |
Abstract
The European Union has faced since 2008 a financial and economic crisis simultaneously with a sovereign debt one. In this context, the European Union has tried to find the proper solutions to overcome its crisis. The purpose of this paper is to analyze EU‘s economic recovery, in order to see if the solutions taken have been the most suitable. From this point of view, the findings revealed that EU is currently facing a fragile recovery, the measures taken being more suitable for countries that did not have structural problems, not for the ones facing a sovereign debt crisis.
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