期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2010
卷号：10
期号：1
语种：English
出版社：Ovidius University Press
摘要：Severely affected by the crisis,considered as the deepest one since the Great Depression between 1929-1933,the European Union‘s economy has recorded the sharpest decline in its history starting with the end of 2007. In response to this downturn,interventions included implementing the European Economic Recovery Plan,changing the fiscal policy,together with a coordinated support of all member states to stabilize the financial and banking sector. Still,the instruments used to counteract the negative implications of the crisis and the fiscal measures taken by each state member differ notably,as the economic conditions differ from one state to another. Through this paper we intend to analyze the European Union‘s reaction to the new challenges in the economic environment,and in particular,Romania‘s way of addressing a period of deep constraints.
