%0 Journal Article
%T The Role of the Euro During and After Economical Crisis
%A Daniela MATEI
%J Annals of Dun£¿rea de Jos University. Fascicle I : Economics and Applied Informatics
%D 2010
%I Dunarea de Jos University of Galati
%X The impact of the single currency on international capital markets has been one of the most abiding features of the euro¡¯s historical development. In response to the global financial and economic crisis, governments across the world are sorting to creating national deficit levels on a virtually unprecedented scale to plug gaping holes in public finances and propel economies towards recovery. As a result, borrowing conditions on global capital markets are taking on not only an economic, but also an intensely political significance.
%K capital markets
%K euro
%K global crisis
%K PIIGS countries5
%K European Central Bank
%U http://www.ann.ugal.ro/eco/Doc2010/Matei.pdf