6292067
Description
Mind Map by Diego Aleman, updated more than 1 year ago
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Created by Diego Aleman
over 8 years ago
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European Union Crisis
- Actors
- FMI
- Global Bank
- European Union
- FMI
- Examples
- Economical
- Greek's economy collapsed in 2007
- UE helped recovery
- more than 300,000 million in debt
- more than 300,000 million in debt
- UE helped recovery
- Greek's economy collapsed in 2007
- United Kingdom is leaving EU
- Can't trade as always, have to create
- Can't trade as always, have to create
- Economical
- EU Main Problem
- Causes
- Started september 15
- Baks lend lots of money to people
- Banks collapsed
- Banks collapsed
- Unemployment rate grew
- Started september 15
- Effects
- Gobal recession in economy
- Baks had no money
- Germany created a pact to help countries
- Countries lend money
- Gobal recession in economy
- Causes
- Origins of UE and problems
- Created november 1993
- 6 members
- Alliances existed before the creation
- 6 members
- Solutions
- Apply contractionary fiscal policy
- Lowering interests
- Make government spending
- World Bank intervention
- Apply contractionary fiscal policy
- Created november 1993
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