MEASURES APPLIED AT EUROPEAN LEVEL IN THE CONTEXT OF THE CURRENT CRISIS (II) Cover Image

MEASURES APPLIED AT EUROPEAN LEVEL IN THE CONTEXT OF THE CURRENT CRISIS (II)
MEASURES APPLIED AT EUROPEAN LEVEL IN THE CONTEXT OF THE CURRENT CRISIS (II)

Author(s): Otilia Manta, Viorica Neacsu
Subject(s): National Economy, EU-Legislation
Published by: Scientia Moralitas Research Institute
Keywords: economy; education; finance;

Summary/Abstract: The crises have been permanent on our planet, and their consequences have had an economic, financial, ecological, and societal impact. The current health crisis has caused simultaneous crises, namely an economic crisis, with a major economic slowdown, especially at the level of small and medium- sized enterprises at the European level. However, following the organizational, functional, and decisional way of the European Union, in this period full of major difficulties, the European decision-makers launched the Temporary Framework of the European Commission, which intervened at the level of the member states with concrete support measures, respectively through policy measures monetary and fiscal. Furthermore, the fiscal policy instruments used included adapting state aid rules to the exceptional circumstances caused by the coronavirus pandemic, to allow the Member States to support their savings through direct or indirect intervention. State aid could also be used in this period to remedy serious economic disturbances. Moreover, another effect of the health crisis was linked to the European education system, and the decision-makers of the moment changed the paradigm from the form of classical education to the form of digital education. In this article we intend to continue our scientific approach on this topic, highlighting some of the main measures applied by the European Member States, but especially to specify the directions of the education system in the current context, given that in any crisis the human factor has been and it’s the key in resolving crises, regardless of them.

  • Issue Year: 58/2020
  • Issue No: 2
  • Page Range: 33-53
  • Page Count: 21
  • Language: English