Advances in Economics and Business Vol. 3(7), pp. 272 - 278
DOI: 10.13189/aeb.2015.030703
Reprint (PDF) (253Kb)

Why is the Eurozone in Crisis?

Gulen Elmas Arslan ^*
Department of Economics, Hitit University, Turkey

ABSTRACT

In this study, we will put emphasis on the EURO crisis, the biggest risk in the deepening of the world economy crisis which has ruled the world since 2008, this implementation's coming to a deadline and its results. We will primarily focus on the some questions such as why the EURO as the only money system didn't work out and what kind of risks may occur as it continues. In other words, the main aim of this study is to examine the back plan of the EURO crisis in terms of the economy theory and the implementation results of the countries within the system. Therefore, it can be thought that some answers can be given to the questions such as, why has the EURO practice come to a deadlock, whether the problem can be overcome, what are the scenarios about the consequence of the EURO and how will the world economy be affected as the Eurozone dissolves.

KEYWORDS
The Euro Crisis, Fiscal Deficit Problem in the Eurozone, Balance of Payments Problem in the Eurozone

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Gulen Elmas Arslan , "Why is the Eurozone in Crisis?," Advances in Economics and Business, Vol. 3, No. 7, pp. 272 - 278, 2015. DOI: 10.13189/aeb.2015.030703.

(b). APA Format:
Gulen Elmas Arslan (2015). Why is the Eurozone in Crisis?. Advances in Economics and Business, 3(7), 272 - 278. DOI: 10.13189/aeb.2015.030703.