Статьи, помеченные тэгом ‘economic management’

The future of euro: on the brink of extinction

Monday, July 5th, 2010

The future of the euro is like a tale of Atlantis. The European Union has a decent respect for tradition: every crisis to draw into an advantage. European sclerosis (the term originated in the late 70′s – early 80′s, and characterizing the high unemployment rate against a background of high economic growth) and budgetary squabbles 80 preceded the appearance of the Single European Act of 1986, and the crisis of the ERM , Burst in 1992-1993, accelerated the creation of a single European currency.