The Financial Crisis: Impact on and Response by the European Union

Description:

According to the most recent National Threat Assessment, the global financial crisis and its geopolitical implications pose the primary near-term security concern of the United States. Over the short run, both the EU and the United States are attempting to resolve the financial crisis while stimulating domestic demand to stem the economic downturn. These efforts have born little progress so far as the economic recession and the financial crisis have become reinforcing events, causing EU governments to forge policy responses to both crises. This report discusses this situation in detail and also discusses individual efforts by both the U.S. and EU to combat the effects of the crisis.

Creator(s): Jackson, James K.
Location(s):
Creation Date: June 24, 2009
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 106
Past 30 days: 23
Yesterday: 2
Creator (Author):
Jackson, James K.

Specialist in International Trade and Finance

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 24, 2009
Coverage:
Place
Belgium
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Germany
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France
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Italy
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Luxembourg
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Netherlands
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Denmark
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Ireland
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United Kingdom
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Greece
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Spain
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Portugal
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Austria
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Finland
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Sweden
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Czech Republic
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Estonia
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Cyprus
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Latvia
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Lithuania
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Hungary
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Malta
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Poland
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Slovakia
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Slovenia
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Romania
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Bulgaria
Description:

According to the most recent National Threat Assessment, the global financial crisis and its geopolitical implications pose the primary near-term security concern of the United States. Over the short run, both the EU and the United States are attempting to resolve the financial crisis while stimulating domestic demand to stem the economic downturn. These efforts have born little progress so far as the economic recession and the financial crisis have become reinforcing events, causing EU governments to forge policy responses to both crises. This report discusses this situation in detail and also discusses individual efforts by both the U.S. and EU to combat the effects of the crisis.

Physical Description:

36 pages.

Language(s):
Subject(s):
Keyword(s): European Union
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text