This paper will discuss the 2010 euro area crisis and its management. The crisis started with the Greek debt crisis and ended with the Irish one. In this process even the existence of the Euro itself was put into question. Therefore, in this paper I will try to present the economic performance...

The financial crisis that erupted in the autumn of 2008 and evolved into a global financial crisis at a terrific speed has transformed into a global real economic crisis at a similar pace. The whole of 2009 will surely be a year of crisis. The only question is whether the crisis will reach its...