The Eu Financial Crisis

Download or read book The Eu Financial Crisis written by Dominik Kirchdorfer and published by . This book was released on 2013-09 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Politics - International Politics - Region: Western Europe, grade: 2, University of Vienna (Institut fur Europaische Integration), course: Political Economy of European Integration, language: English, abstract: In this paper I analyse the recovery plans for Ireland by the EU Commission and the Irish government, as well as the developments of the Irish economy throughout its crisis. I find that both the austerity and growth measures are of vital importance to the country's recovery and as such the same can be said for the rest of the European Union. Ireland is on its way back to a stable economy. The GDP, inflation and the current account are rising, but the country still faces challenges with unemployment and an ever increasing pile of debt. Greece and other countries affected by the crisis and now under the Troika programme, should take Ireland as an example, but the EU will have to do its part to help these countries with their growth programmes, instead of persisting on strict austerity measures alone.