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The Latest Developments in European Construction

Author

Listed:
  • Alin Ioan CRETU

    (Bucharest University of Economic Studies, Romania)

  • Alina Stefania CHENIC

    (Bucharest University of Economic Studies, Romania)

  • Ana NASTASE

    (Sf. Luca Hospital, Bucharest, Romania)

Abstract

More than a year after the WHO officially declared the SARS-VOC-2 pandemic, Europe, like the rest of the world, has been brutally affected by an unprecedented health crisis in the last hundred years. Of course, this crisis has affected, in addition to the medical system of each nation, multiple other socio-economic-financial aspects, generated vertically and horizontally, both at state and global level. Without detailing the profoundly negative aspects of the quality of life from the psycho-social point of view and of the sustainability of health, the pandemic crisis has generated and may continue to generate a serious economic-financial crisis. Obviously, we will focus on the situation created in the European Union EU-27, relatively recently amputated by the official exit of the UK, which probably generated an amplification of the direct and indirect pandemic effects in the Union. At this moment, the EU-27 is in a critical moment, really at a crossroads, which implies a complex and perhaps even drastic rethinking and reform of the entire functioning ensemble.

Suggested Citation

  • Alin Ioan CRETU & Alina Stefania CHENIC & Ana NASTASE, 2021. "The Latest Developments in European Construction," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 186-192.
    • Handle: RePEc:ddj:fseeai:y:2021:i:2:p:186-192
    DOI: 10.35219/eai15840409210
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    References listed on IDEAS

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    1. Ozili, Peterson & Arun, Thankom, 2020. "Spillover of COVID-19: Impact on the Global Economy," MPRA Paper 99317, University Library of Munich, Germany.
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