Problems Regarding The Possible Withdrawal Of Some Member States From The Euro Zone
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, the possibility of the avoiding of the member State position, the present paper will propose, as analysis subjects, the main impact ele...
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| Format: | Article |
| Language: | English |
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“Victor Slăvescu” Centre for Financial and Monetary Research
2012-09-01
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| Series: | Financial Studies |
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| Online Access: | ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol16i3p104-111.pdf |
| Summary: | 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, the possibility of the avoiding of the member State position, the present paper will propose, as analysis 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 will be 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 political risk and which have an important position being a source of complex and difficult European macroeconomic problems, could be the precedent thus created towards other member states possible process of avoiding the member state position.
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| ISSN: | 2066-6071 2066-6071 |