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European Union Institutions’ Response To Covid-19 Pandemic

Author

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  • IORDACHE, Gratiela

    (School of Advanced Studies of the Romanian Academy (SCOSAAR), Bucharest, Romania)

Abstract

The paper aims to review the measures taken by the European Union institutions in response to the present health and economic crisis. This approach is useful to understand the extent to which the European Union's institutional response to crisis situations, such as the current one, is adapted to the circumstances both in terms of response and in terms of the nature and scale of the efforts made. To this end, I will first define the concept of institutional response. Then I will identify the main institutions of the European Union involved in the European Union’s reaction. Subsequently, I will make an inventory of the measures taken by the European institutions as well as a brief analysis of them in terms of potential impact. Finally, I will conclude on the institutional response of the European Union in terms of reaction speed, the appropriateness of the measures taken and their size.

Suggested Citation

  • IORDACHE, Gratiela, 2020. "European Union Institutions’ Response To Covid-19 Pandemic," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 209-213, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:209-213
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    More about this item

    Keywords

    European Union; fiscal measures; institutional response; economic crisis;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E70 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - General

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