Economic Crisis in Europe and the Balkans Problems and Prospects
The economies of the European countries are still in recession, the development process is at a standstill, companies are facing financial difficulties, and the EU’s monetary policy is tight and focused on lowering inflation. The fiscal problems and high
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Anastasios Karasavvoglou Persefoni Polychronidou Editors
Economic Crisis in Europe and the Balkans Problems and Prospects
Contributions to Economics
For further volumes: http://www.springer.com/series/1262
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Anastasios Karasavvoglou • Persefoni Polychronidou Editors
Economic Crisis in Europe and the Balkans Problems and Prospects
Editors Anastasios Karasavvoglou Persefoni Polychronidou School of Business and Economy Accountancy Department Kavala Institute of Technology Kavala, Greece
ISSN 1431-1933 ISBN 978-3-319-00493-8 ISBN 978-3-319-00494-5 (eBook) DOI 10.1007/978-3-319-00494-5 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2013944554 © Springer International Publishing Switzerland 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
About the Book: The Economic Crisis in Europe and the Balkans
The economic situation in each of the South-Eastern European countries before the appearance of the crisis was very different and the impact of the crisis on each country was also different. In 2008, in countries such as Bulgaria, Romania, Poland, Slovenia, Czech Republic, Albania and Serbia, the rate of BIP growth was over 3 %, while in Hungary and Turkey the equivalent rate was almost zero or sl
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