TITLE

One for all, All for One

AUTHOR(S)
Pavoncello, Franco
PUB. DATE
May 2011
SOURCE
World Affairs;May/Jun2011, Vol. 174 Issue 1, p59
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
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 history of the EU's development in the wake of World War II is presented, and an analysis of the EU's response to the PIGS crises is presented. Greece is described as the most financially irresponsible, and its economy may be difficult to fix.
ACCESSION #
60573847

 

Related Articles

  • Whatever It Takes. Schuman, Michael // Time International (Atlantic Edition);5/24/2010, Vol. 175 Issue 20, p22 

    The article discusses the effect the financial bailout of Greece had on the European Union (EU) states. The debt crisis in Greece had the potential to spread to other EU member states and threaten the viability of their currency, the euro. The author notes that rarely have EU states shown such...

  • Whatever It Takes. Schuman, Michael // Time International (South Pacific Edition);5/24/2010, Vol. 175 Issue 20, p18 

    The article discusses the effect the financial bailout of Greece had on the European Union (EU) states. The debt crisis in Greece had the potential to spread to other EU member states and threaten the viability of their currency, the euro. The author notes that rarely have EU states shown such...

  • 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...

  • Cyprus Sinking. STUTTAFORD, ANDREW // National Review;4/22/2013, Vol. 65 Issue 7, p36 

    The article looks at the eurozone monetary union as of April 2013, focusing on the Cypriot financial crisis and what it implies with respect to the future prospects for the euro currency. It recounts the 2013 negotiations over a bailout for Cyprus. It notes that large depositors in the country's...

  • Eastern Economies: Saved From Themselves. Szlanko, Balint // Transitions Online;3/9/2009, p2 

    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...

  • 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...

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