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Public Debt As A Problem Of The European Union

Author

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  • Pawel Piatkowski

    (University of Bialystok, Poland)

Abstract

The article is aimed at analyzing the consequences of debt crisis in European Union. Special attention is paid to changes in economic policy. In the first para-graph theoretical background of public debt is presented. In the second para-graph the level of public debt in European Union is compared with other coun-tries. Finally, changes in the public debt policy are presented.

Suggested Citation

  • Pawel Piatkowski, 2014. "Public Debt As A Problem Of The European Union," Oeconomia Copernicana, Institute of Economic Research, vol. 5(2), pages 21-34, June.
    • Handle: RePEc:pes:ieroec:v:5:y:2014:i:2:p:21-34
    DOI: 10.12775/OeC.2014.011
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    More about this item

    Keywords

    public debt; economic growth; European Union;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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