Has Austerity Succeeded in Ameliorating the Economic Climate? The Cases of Ireland, Cyprus and Greece

The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The year 2009 brought decline to the majority of the member states, inducing a desperate crisis management process. The few common EU-level crisis management measures that were implemented have brought about...

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Bibliographic Details
Main Author: Marcell Zoltán Végh
Format: Article
Language:English
Published: MDPI AG 2014-06-01
Series:Social Sciences
Subjects:
Online Access:http://www.mdpi.com/2076-0760/3/2/288