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Report on the situation of the European economy: A new crisis mechanism for the Eurozone

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  • European Economic Advisory Group

Abstract

On 22 February 2011 the European Economic Advisory Group (EEAG) at CESifo presented its tenth report on the European Economy in Brussels (EEAG Report on the European Economy 2011). The group of international economists examined in particular the debt crisis in Europe as a result of the financial crisis. This year's report includes country studies on Greece and Spain as well as a design for a crisis mechanism for the Eurozone. In addition, ways to regulate the financial sector are presented. As in the past years the EEAG also supplies an economic forecast for the European economy. The five chapters of the report are summarised in this article. The entire EEAG Report can be downloaded at http://www.cesifo-group.de/eeag.

Suggested Citation

  • European Economic Advisory Group, 2011. "Report on the situation of the European economy: A new crisis mechanism for the Eurozone," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(06), pages 29-35, March.
    • Handle: RePEc:ces:ifosdt:v:64:y:2011:i:06:p:29-35
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    File URL: https://www.ifo.de/DocDL/fosd_2011_6_3.pdf
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    More about this item

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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