The Uncertainty and Asymetric Info on Markets: The Case of European Economic Behaviour under Risk and Financial Crises

Authors

  • Dr. Stamatis Kontsas Adjunct Lecturer, Technological Education Institute of Western Macedonia, Department of Business Adninistration, 38 Avenue K. Karamanli, 54639, Thessalonica , Greece

Keywords:

Financial Crisis, European Union, Economic Situation, Growth, Labour market.

Abstract

The economic recovery continues at a moderate pace in the euro area1. Sustaining and strengthening growth in the euro area requires continued policy efforts to support a balanced adjustment in the private and public sectors, improve the adjustment capacity and increase the economy's competitiveness and growth potential in the medium to long term. The pace of growth is hampered by legacies of the most recent economic and financial crises, including ongoing external rebalancing, high levels of public and private debt, high unemployment, as well as persistent structural rigidities in national labour and product markets.

References

Recommendation for a COUNCIL RECOMMENDATION on the economic policy of the euro area (COM/2015/0692 final), available at: http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1457338440986&uri=CELEX:52015DC0692, last assessed:15/10/2016

GREECE/Growth to return in the second half of the year available at:http://ec.europa.eu/economy_finance/eu/forecasts/2016_spring/el_en.pdf, last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report Denmark 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_denmark_en.pdf, last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report Germany 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_germany_en.pdf, last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report Belgium 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_belgium_en.pdf, last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report France 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_france_en.pdf, last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report United Kingdom 2016, available at: http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_uk_en.pdf,last assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report Cyprus 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_cyprus_en.pdf, assessed:15/10/2016

COMMISSION STAFF WORKING DOCUMENT Country Report Austria 2016, available at:http://ec.europa.eu/europe2020/pdf/csr2016/cr2016_austria_en.pdf, assessed:15/10/2016.

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Published

2016-11-11

How to Cite

Kontsas, D. S. (2016). The Uncertainty and Asymetric Info on Markets: The Case of European Economic Behaviour under Risk and Financial Crises. International Journal of Sciences: Basic and Applied Research (IJSBAR), 30(3), 80–88. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/6527

Issue

Vol. 30 No. 3 (2016)

Section

Articles

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