Current problems of Europe

The European Union states in search of the way out of the second Great recession

Клинова М.В.

Klinova M.V. – senior researcher, IMEMO RAS, Ph.D (economics)

Abstract

Different anti-crisis measures taken in European countries are examined. These programs are adopted both on supranational (European economic recovery plan) as well as national levels. National governments bear main financial burden of anti-crisis plans and expand state interference in the economy, without reference to their political or party creed.

Keywords

Global economic crisis, state interference in the economy, anti-crisis models, government debt, real sector stagnation, cooperation of state and private capital, protectionism.

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