POSSIBLE RISKS OF THE WITHDRAWAL OF A MEMBER STATE FROM THE EUROZONE

• Main Author: Silviu-Marius SEITAN
• Format: Article
• Language: English
• Published: Romanian Foundation for Business Intelligence 2013-06-01
• Series: Cross-Cultural Management Journal
• Subjects: Macroeconomic; Risk; Administration; System; Conjuncture; Instability
• Online Access: http://seaopenresearch.eu/Journals/articles/CMJ2013_I1_6.pdf

By taking into consideration the actual difficult macroeconomic situation of some of the Member States of the Euro Zone, as it was already published, as a scenario, about the possibility of the avoiding the member State position, the present paper will propose, as analyzing subjects, the main impact elements on the other European national economies of such producing scenario.The main risks associated of such scenario, even if such process is an administrated one, are the following ones: the depreciation of the Euro as a result of the economic instability perception at the Euro Zone level; the reducing of the European Budget incomes; the reducing of the European Central banks working founds; a very important risk which also have the character of a political risk and which have an important position being a source of complex and difficult European macroeconomic problems and also which could become the precedent thus created towards other member states possible process of avoiding the member state position.