Open AccessPublic Debt as a Problem of the European Union
Author(s) -
Paweł Piątkowski
Publication year - 2014
Publication title -
oeconomia copernicana
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.59
H-Index - 13
eISSN - 2353-1827
pISSN - 2083-1277
DOI - 10.12775/oec.2014.011
Subject(s) - paragraph , debt , european union , internal debt , economics , economic policy , european debt crisis , debt to gdp ratio , international economics , european integration , political science , macroeconomics , law
The article is aimed at analyzing the consequences of debt crisis in European Union. Special attention is paid to changes in economic policy. In the first paragraph theoretical background of public debt is presented. In the second paragraph the level of public debt in European Union is compared with other countries. Finally, changes in the public debt policy are presented.