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The Crisis of the Euro - 2010.

Mate Babić

Puni tekst: hrvatski, pdf (153 KB) str. 251-267 preuzimanja: 1.029* citiraj
APA 6th Edition
Babić, M. (2011). Kriza eura 2010.. Obnovljeni Život, 66. (2.), 251-267. Preuzeto s
MLA 8th Edition
Babić, Mate. "Kriza eura 2010.." Obnovljeni Život, vol. 66., br. 2., 2011, str. 251-267. Citirano 18.06.2021.
Chicago 17th Edition
Babić, Mate. "Kriza eura 2010.." Obnovljeni Život 66., br. 2. (2011): 251-267.
Babić, M. (2011). 'Kriza eura 2010.', Obnovljeni Život, 66.(2.), str. 251-267. Preuzeto s: (Datum pristupa: 18.06.2021.)
Babić M. Kriza eura 2010.. Obnovljeni Život [Internet]. 2011 [pristupljeno 18.06.2021.];66.(2.):251-267. Dostupno na:
M. Babić, "Kriza eura 2010.", Obnovljeni Život, vol.66., br. 2., str. 251-267, 2011. [Online]. Dostupno na: [Citirano: 18.06.2021.]

European economic integration began in the early 1950's then passed through several phases until it reached the highest degree of integration – the European Economic and Monetary Union. The new currency, the Euro, was introduced on January 1, 1999 and thus integration was achieved. The introduction of the new currency marked the realization of the optimum currency area theory. Expectations were high. Unfortunately, very soon divergences in fiscal policies among countries proved greater than expected. Divergences of fiscal policies with incomplete freedom of movement of labour force resulted in balance of payments deficits of some countries and finally in the crisis of the Euro which started in Greece in 2010 and spread to Ireland. The danger exists that it will spread even further.

Ključne riječi
optimum currency area; fiscal consolidation; financial crisis; deflation; devaluation

Hrčak ID: 67993



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