cyprus 50 gold pounds

Lessons from the crisis

According to Euro-report offered protection against the common currency turbulence in interest and exchange rates.

The financial crisis has catapulted the 16 countries of the euro zone in its first recession since the single currency 10 years ago. After massive cash injections by governments seems their economies recover overall a bit, but the future is anything but predictable.

The report on the euro-zone called the future challenges and calls for a broader economic policy coordination and more financial supervision to support the recovery. Furthermore, the governments recommend their finances well to keep in mind, as many of them have received the generous cash injections large loans.

Statement and Report 2009 on the Euro-zone