TITLE

Eastern Economies: Saved From Themselves

AUTHOR(S)
Szlanko, Balint
PUB. DATE
March 2009
SOURCE
Transitions Online;3/9/2009, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the financial crisis of the Eastern European countries. It is stated that the Hungarians got a promise that the European Union would help out those who are in trouble, whether through a coordinated Eastern European bailout or on a case-by-case basis at the March 1, 2009 European Union summit. The Hungarians and the Latvians have already gotten nearly 10 billion euros of EU money between them.
ACCESSION #
37032205

 

Related Articles

  • One for all, All for One. Pavoncello, Franco // World Affairs;May/Jun2011, Vol. 174 Issue 1, p59 

    The article discusses the financial crises of several member nations of the European Union (EU). These are Portugal, Ireland, Greece, and Spain, which are grouped together under the acronym PIGS. The crises have led to concerns about the future of the Euro as a currency union. An overview of the...

  • Murder on the EU Express. Ferguson, Niall // Newsweek;4/11/2011, Vol. 157 Issue 15, p8 

    The article discusses factors causing divisiveness in the European Union. The economic conditions of nations within the union diverge widely. Amid a financial crisis the Union lacks a formal means for transferring euros to struggling countries. After many years of contributing disproportionately...

  • EUROWATCH. Redman, Chris // Fortune International (Europe);5/23/2011, Vol. 163 Issue 7, p16 

    The article discusses a financial crisis in Europe that has seen Greece, Ireland, and Portugal all request bailouts from the European Union. The author observes that the situation need not get much worse if Spain can convince markets that it will not require similar aid. Conversely, he notes,...

  • EUROWATCH. Redman, Chris // Fortune;5/23/2011, Vol. 163 Issue 7, p23 

    The article discusses a financial crisis in Europe that has seen Greece, Ireland, and Portugal all request bailouts from the European Union. The author observes that the situation need not get much worse if Spain can convince markets that it will not require similar aid. Conversely, he notes,...

  • Slovakia's Ungrateful Insight. Korol, Sergei // Transitions Online;11/8/2010, p2 

    The article presents the author's comments on Slovakia's recent refusal to contribute the country's share of the 110 billion euro bailout package for Greece. Defending her government's decision, Slovakia Prime Minister Iveta Radicova said that Slovakia has been more committed to fiscal...

  • ECONOMICS: Putting the boot in.  // Marketing Week;8/4/2011, p100 

    The article presents the author's comments on the stabilisation package for Greece by the European Union (EU). According to the author, the EU package is a step in the right direction but it is still a long way short of being a grand plan. The author believes that the stability fund has not...

  • Europe on the high wire. Clark, Andrew // Australian Financial Review (0404-2018);7/3/2015, p44 

    This article focuses on the effect if citizens of Greece voted against the bailout terms offered by the European Union (EU) to Greece, according to former Italian Prime Minister Enrico Letta. These consequences include speculations from global financial markets about euro-exits by other European...

  • Global Growth Slowdown Impact Assessment.  // Latin America Monitor: Caribbean Monitor;Oct2011, Vol. 28 Issue 10, p1 

    The article assesses the Latin American and Caribbean economies most at risk due to the threat of a double-dip recession in the U.S. and a European Zone fiscal crisis. In recent years, demand from Asia has supported exports and growth in Latin America. Another European Union and U.S. recession...

  • Stop the Free-Fall. Garten, Jeffrey E. // Newsweek (Pacific Edition);12/22/2008 (Pacific Edition), Vol. 152 Issue 25, p14 

    In this article the author addresses issues arising from the global financial crisis of 2008. He states that the crisis is greater than a mere recession and a that it could lead to world wide political instability. It is suggest that the answer to the economic decline is a concerted global...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics