The euro crisis. Causes and consequences of the Greek debt crisis on the euro zone

Trabajo de Seminario , 2018 , 22 Páginas , Calificación: 1,3

Economía - Finanzas

In this paper, these effects as well as the connection between the Greek crisis and the euro crisis are examined. To begin with, an insight into the causes of the debt crisis in Greece and how the crisis has spread to the eurozone. This will be followed by the euro crisis in general and its other causes. The fifth chapter deals with measures and solutions for Greece as well as the entire euro zone. This work finishes with a conclusion on the topics mentioned.

In recent years, the news and media have dealt extensively with the “euro crisis”. For this reason, it should be a common term for any European. The euro crisis isn’t about the euro, but about a currency, bank, economic crisis and about state debts. Because of the different opinions about the crisis’ causes, this topic is a very controversial one. It is common that the global financial crisis, which resulted from the Lehmann bankruptcy in 2008, is being considered responsible for the euro crisis. However, the global financial crisis wasn’t accountable.

There are other reasons for the outbreak of the euro crisis, such as the existing weaknesses of a system, which was already missing in structure, or America’s financial crisis. Not to forget, however, is the “Greek crisis” and its impact on the euro zone.

Content

1. Introduction

2. Causes of the Greek debt crisis

3. Expansion on the euro zone

4. The euro crisis and its causes
4.1 The emergence of public debts
4.2 The differences in competitiveness
4.3 The banking crisis
4.4 The macroeconomic crisis
4.5 The decision-making structures within the European Union

5. Solution approaches and rescue mechanisms
5.1 Clamping the bailouts
5.2 Structural revision and development of monetary unions
5.3 Further development to the fiscal union

6. Conclusion

7. Bibliography

• Universidad: University of Applied Sciences Essen
• Calificación: 1,3
• Autor: Inga Rathje (Autor)
• Año de publicación: 2018
• Páginas: 22
• No. de catálogo: V511713
• ISBN (Ebook): 9783346089120
• ISBN (Libro): 9783346089137
• Idioma: Inglés
• Etiqueta: Euro crisis; Eurokrise; Greek Debt Crisis; Europa; Krise