The Baltics Today

Financial crisis: a decade after…

Global financial crisis began 10 years ago and led to the Union's worst recession in its six-decade history. The crisis originated not in the EU but in the US; though the EU institutions and the EU states needed to act resolutely to counter its impact. Main efforts were devoted to addressing the shortcomings of the then Economic and Monetary Union’s structures. Decisive actions have paid off concluded European Commission. ... Read more...

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