Rácz, Margit - In: Public Finance Quarterly 56 (2011) 1, pp. 94-107
This paper will discuss the 2010 euro area crisis and its management. The crisis started with the Greek debt crisis and … depends on economic growth. It is a serious problem of this crisis that unemployment rates are on the rise for the long term … the euro area, if the debt crisis proves to be prolonged. Integration as a whole will be rattled, if the lasting community …