IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v5(558)(supplement)y2011i5(558)(supplement)p856-862.html
   My bibliography  Save this article

The Eurozone Debt Crisis. Causes and Possible Solutions. The Case of Greece

Author

Listed:
  • Diana Claudia Sabău-Popa

    (“Babeş-Bolyai” University, Cluj Napoca)

  • Edina Kulcsar

    (“Babeş-Bolyai” University, Cluj Napoca)

  • Eugenia Ramona Mara

    (“Babeş-Bolyai” University, Cluj Napoca)

Abstract

This article presents the debt crisis in eurozone, which is the result of a concept error of the Economic and Monetary Union. The situation has become critical for countries such as Greece, Portugal, Ireland, Spain. The duality that characterizes nowadays the financial aspect of the European integration can be barely maintained on long term, because the Monetary and Economic Union operates with the participation of 16 member states, while the members of the eurozone remain sovereigns on their budgetary policies. Without broad structural reforms, the sustainability of the Economic and Monetary Union is questioned.

Suggested Citation

  • Diana Claudia Sabău-Popa & Edina Kulcsar & Eugenia Ramona Mara, 2011. "The Eurozone Debt Crisis. Causes and Possible Solutions. The Case of Greece," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 5(5(558)(su), pages 856-862, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:856-862
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/suplimente/Conferinta%20FABBV%202010_engleza.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:856-862. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.