The economies of the European countries are still in recession, the
development process is at a standstill, companies are facing
financial difficulties, and the EU's monetary policy is tight and
focused on lowering inflation. The fiscal problems and high debt
levels of the northern European countries are of great importance,
and they are the consequences of both the European economy's
structural characteristics and the EU's policies. The economic area
of Eastern Europe, the Balkans and the Black Sea countries is also
vital, due to its special economic characteristics. The effects of
the economic crisis on this particular area are catalytic, while
the prospects for recovery are doubtful. The present book deals
with the key aspects of the economic crisis in Europe, especially
focusing on southeast Europe and the Balkans. The consequences of
the crisis in these countries are analyzed and suggestions for how
to address the crisis are outlined.
General
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