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The Euro Crisis in the European Union and Its Effects on the Turkish Economy

Author

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  • Şahap Kavcıoğlu

    (Türkiye Halk Bankası A.Ş.)

Abstract

While the process of entering Eurozone, the countries which ignore Maastricht criteries are faced with increased debt burdens and public deficit. Because of a global crise happened in 2008, the debt burdens and public deficits became unsustainable in this coun- tries and Euro crise blowed up. Because of a financial integration between countries, our country also effected and still it is being affected from this Euro crise. With this study, it is aimed to reveal an assessment of the reasons underlying the Euro crisis, its expansion and its current and possible effects over our economy.

Suggested Citation

  • Şahap Kavcıoğlu, 2014. "The Euro Crisis in the European Union and Its Effects on the Turkish Economy," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 29(101), pages 15-37, April.
    • Handle: RePEc:acc:malfin:v:29:y:2014:i:101:p:15-37
    DOI: https://doi.org/10.33203/mfy.519244
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