European Commission
Directorate-General for Economic and Financial Affairs
EUROPEAN ECONOMY 7|2009
In this special report, published on 14 September 2009, the Commission takes stock of Europe’s deepest recession since the 1930s. The report examines the anatomy of the crisis and concludes that the EU’s response was swift and decisive. But decision-makers are now grappling with how best to design ‘exit strategies’ from temporary support measures, and the focus of the policy debate is shifting from crisis control to longer-term measures supporting a return to growth. Key challenges will be balancing fi nancial stability and competition, and restoring fi scal probity without compromising recovery. The EU will have an important coordinating role in ensuring an orderly crisis resolution.
 Crisis_responses.pdf | [ ] |
