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Aspects of Some Problems of the Euro Area Member States

Author

Listed:
  • Milea Camelia

    (“Victor Slãvescu” Centre for Financial and Monetary Research, Romanian Academy, Bucharest)

  • Ailincã Alina Georgeta

    (“Victor Slãvescu” Centre for Financial and Monetary Research, Romanian Academy, Bucharest)

  • Iordache Floarea

    (“Victor Slãvescu” Centre for Financial and Monetary Research, Romanian Academy, Bucharest)

Abstract

The multitude of difficult national problems, of economic, financial, social, cultural nature etc. deepened and intensified in the Member States of the euro area, in the current context of the global financial and economic crisis, have generated, in many states, the emergence and the exacerbation of discussions concerning the opportunity to exit from the euro zone and even from the European Union, given that some states have been forced to seek financial aid from the European Union and from international financial institutions, in burdensome terms. At the same time, constrained by the effects of the global financial and economic crisis, the European leaders rethink the whole project of the European Union. In these conditions, we consider of great and present interest our paper, where we have highlighted some aspects and causes of the problems being faced by some euro zone countries.

Suggested Citation

  • Milea Camelia & Ailincã Alina Georgeta & Iordache Floarea, 2013. "Aspects of Some Problems of the Euro Area Member States," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 226-231, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:226-231
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    References listed on IDEAS

    as
    1. Anonymous, 1949. "Council of Europe," International Organization, Cambridge University Press, vol. 3(4), pages 729-732, November.
    2. Anonymous, 1949. "Council of Europe," International Organization, Cambridge University Press, vol. 3(3), pages 551-552, August.
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    More about this item

    Keywords

    crisis; euro zone; contagion effect; indebtness; heterogeneity;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F - International Economics
    • F - International Economics
    • G01 - Financial Economics - - General - - - Financial Crises

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