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Greek Crisis - Causes, Consequences And Developments

Author

Listed:
  • GABAN Lucian

    ("1 Decembrie 1918" University, Alba Iulia, Romania)

  • BATRANCEA Ioan

    ("Babes-Bolyai" University, Cluj-Napoca, Romania)

  • MINTEUAN Paul

    ("Babes-Bolyai" University, Cluj-Napoca, Romania)

Abstract

The financial crisis started in 2007, had and continues to have adverse economic consequences on the world economy. The real estate crisis has reached the banking crisis was continued sovereign debt crisis, and then followed Cypriot crisis and again "Achilles heel" of both relapsed into Greek banks as at the state level. In this paper we will analyze the phenomenon in Greece to highlight possible dangers which have an impact on the EU.

Suggested Citation

  • GABAN Lucian & BATRANCEA Ioan & MINTEUAN Paul, 2016. "Greek Crisis - Causes, Consequences And Developments," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 68(1), pages 94-102, June.
    • Handle: RePEc:blg:reveco:v:68:y:2016:i:1:p:94-102
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/68108gaban&batrancea&minteuan.pdf
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    Cited by:

    1. ANDONE Diana & FATACEAN Gheorghe & MINTEUAN Paul, 2017. "Performance In The Energy Industry. A Comparative Analysis Between Transelectrica S.A And Enel Spa," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(2), pages 19-29, August.

    More about this item

    Keywords

    crisis; deficit; budget; default; GDP;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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