“Fearful” Eurozone Crisis on the Verge of Recovery
Journal Title: Scholars Journal of Arts, Humanities and Social Sciences - Year 2015, Vol 3, Issue 1
Abstract
The European Union’s most meaningful step in the direction of full integration was the instigation of the monetary union. This achievement in a sense epitomizes the commencement of a fully-connected, uniform, cohesive ideal of Europe. Indeed; good results followed in terms of mutual economic gains. Problematic issues which occurred on the way are of passing nature, the worst of which is the ensued notorious financial crisis starting in 2008. But; it involves some perceptional features based on extraordinary fearful reactions, rather than sheer actual happenings. Time will serve as an ointment for the affected injuries. The healing is already in process. Keywords: EZ (Eurozone); EMU (Economic and Monetary Union); integration; crisis; fear; panic.
Authors and Affiliations
Dr. Sinan Çaya
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