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Title The financial crisis and the European Union / Klaus G. Efenhoff, editor.

Publication Info. New York : Nova Science Publishers, 2009.

Item Status

Description 1 online resource (117 pages) : illustrations.
Physical Medium polychrome
Description text file
Series Global economic studies series
Global economic studies series.
Bibliography Includes bibliographical references (page 104) and index.
Summary The European Union (EU) is a treaty-based, institutional framework that defines and manages economic and political co-operation among its 27 member states (Austria, Belgium, Bulgaria, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom). The Union is the latest stage in a process of European integration begun after World War II to promote peace and economic prosperity in Europe. Its founders hoped that by creating communities of shared sovereignty, another war in Europe would be unthinkable. Since the 1950 & apos;s, this European integration project has expanded to encompass other economic sectors, a customs union, a single market in which goods, people, and capital move freely, a common agricultural policy, and a common currency (the Euro). The global financial crisis has hit the EU hard. The latest economic forecasts painted a bleak picture of close to zero growth and risks of contraction for the EU economy in 2009, with unemployment rising by some 2.7 million in the next two years, on the assumption that no corrective action is taken. Quick and decisive action is needed to stop this downward spiral. The interplay of national and EU action can help all Member States weather the worst of the global economic storms and emerge stronger from the crisis.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Global Financial Crisis (2008-2009)
Banks and banking -- Iceland.
Banks and banking.
Iceland.
Global Financial Crisis, 2008-2009.
Financial crises -- European Union countries.
Financial crises.
European Union countries.
Iceland -- Economic conditions -- 21st century.
Economic conditions.
Chronological Term 21st century
2000 - 2099
Genre/Form Electronic books.
Electronic books.
Added Author Efenhoff, Klaus G.
Other Form: Print version: Financial Crisis and the European Union. New York : Nova Science Publishers, Inc., 2009 9781607419877 (OCoLC)351307112
ISBN 9781613240731 (electronic book)
1613240732 (electronic book)
9781607419877
1607419874