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The European Economy

Shirley Vereecke
Shirley Vereecke

The document summarizes the current state of the European economy. It discusses recent EU summits focused on growth/jobs and the Greek crisis. The summits addressed Greece's 130 billion euro bailout and austerity budget cuts. It also mentions ABN Amro reporting an 880 million euro loss from Greece and several European countries having their credit ratings downgraded. It concludes that European economies continue to face low growth, high debt burdens, and need broader improvements.

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THE EUROPEAN ECONOMY Shirley Vereecke
OVERVIEW Introduction EU- summit ABN Amro Credit ratings Conclusion
EU-SUMMIT 1th and 2nd of March Topic: growth and jobs
EU-SUMMIT recent EU-summit Topic: the Greek crisis crisis isnt over yet bailout: 130 billion euros Series of health budget cuts huge protests
ABN AMRO loss: 880 million euros
RATINGS Uk, Italy, Malta, Portugal, Slovenia, Slovakia & Spain Greece
CONCLUSION period of low economic activity Green shoots mirage Debts The economy of the European union have to improve!
SOURCES Ro g e r s S . ( 2 01 2 - 0 3 - 1 5 ) C r e d i t r a t i n g s : h o w F i t c h , M o o d y ' s a n d S & P r a te e a c h c o u n t r y. Ret r i eve d f r o m : h t t p : / / w w w. g ua r d i a n .c o . uk / n ew s / d a t a b lo g + wo r l d / f r a nc e B B C N ew s ( 2 01 2 - 0 3 - 9 ) A B N A m r o h i t b y 8 8 0 m - e uro G r e e k l o s s . r et r i eve d f r o m : h t t p : / / w w w. b b c .c o . uk / n ew s / b us i n e s s - 17 3 0 9 8 8 5 I n m a n P. ( 2 01 2 - 0 3 - 1 2 ) E c o n o m i c s u r v ey s c o n c e a l w o e s o f g e n e r a t i o n d e b t . Ret r i eve d f r o m : h t t p : / / w w w. g ua r d i a n .c o . uk / b us i n e s s / ec o n o m ic s - b l o g / 2 01 2 / m a r / 2 3 / ec o n o m ic - s u r v ey s - g en e r a t io n - d e b t B B C N ew s ( 2 01 2 - 0 3 - 01 ) E U s u m m i t: G r e e k p a r l i am e n t b a c k s b a i l o ut c u t s Rail Ret r i eve d f r o m : h t t p : / / w w w. b b c .c o . uk / n ew s / wo r l d - e uro p e - 17 21 9 37 9

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The European Economy

  • 1. THE EUROPEAN ECONOMY Shirley Vereecke
  • 2. OVERVIEW Introduction EU- summit ABN Amro Credit ratings Conclusion
  • 3. EU-SUMMIT 1th and 2nd of March Topic: growth and jobs
  • 4. EU-SUMMIT recent EU-summit Topic: the Greek crisis crisis isnt over yet bailout: 130 billion euros Series of health budget cuts huge protests
  • 5. ABN AMRO loss: 880 million euros
  • 6. RATINGS Uk, Italy, Malta, Portugal, Slovenia, Slovakia & Spain Greece
  • 7. CONCLUSION period of low economic activity Green shoots mirage Debts The economy of the European union have to improve!
  • 8. SOURCES Ro g e r s S . ( 2 01 2 - 0 3 - 1 5 ) C r e d i t r a t i n g s : h o w F i t c h , M o o d y ' s a n d S & P r a te e a c h c o u n t r y. Ret r i eve d f r o m : h t t p : / / w w w. g ua r d i a n .c o . uk / n ew s / d a t a b lo g + wo r l d / f r a nc e B B C N ew s ( 2 01 2 - 0 3 - 9 ) A B N A m r o h i t b y 8 8 0 m - e uro G r e e k l o s s . r et r i eve d f r o m : h t t p : / / w w w. b b c .c o . uk / n ew s / b us i n e s s - 17 3 0 9 8 8 5 I n m a n P. ( 2 01 2 - 0 3 - 1 2 ) E c o n o m i c s u r v ey s c o n c e a l w o e s o f g e n e r a t i o n d e b t . Ret r i eve d f r o m : h t t p : / / w w w. g ua r d i a n .c o . uk / b us i n e s s / ec o n o m ic s - b l o g / 2 01 2 / m a r / 2 3 / ec o n o m ic - s u r v ey s - g en e r a t io n - d e b t B B C N ew s ( 2 01 2 - 0 3 - 01 ) E U s u m m i t: G r e e k p a r l i am e n t b a c k s b a i l o ut c u t s Rail Ret r i eve d f r o m : h t t p : / / w w w. b b c .c o . uk / n ew s / wo r l d - e uro p e - 17 21 9 37 9