EUROPEAN FINANCIAL AID MECHANISMS IN A SITUATION OF INSTABILITY OF THE FINANCIAL SYSTEM Cover Image

Europejskie mechanizmy pomocy finansowej w warunkach niestabilności systemu finansowego
EUROPEAN FINANCIAL AID MECHANISMS IN A SITUATION OF INSTABILITY OF THE FINANCIAL SYSTEM

Author(s): Marcin Wajda
Subject(s): Economy, National Economy, Supranational / Global Economy, Financial Markets
Published by: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego
Keywords: European Union; stability; public aid

Summary/Abstract: European Union countries, especially Eurozone countries, are those that were most severely hit by the crisis that followed the fall of Lehman Brothers. The destabilisation of the financial system, drop of investments and GDP in the European Union required the leaders of the Community to take steps to mitigate the adverse effects of the crisis, including in particular to contain its further expansion. As a result of various discussions, decisions were taken to launch a number of monetary and fiscal solutions to support the countries that were most in need. The mechanisms were aimed at stabilising the economies and putting them back on a path of economic growth. The objective of the paper is to present and discuss selected mechanisms that were addressed primarily to Eurozone countries.

  • Issue Year: 125/2016
  • Issue No: 4
  • Page Range: 349-358
  • Page Count: 10
  • Language: Polish