Grants – the European Union’s Response in the Fight Against the COVID-19 Pandemic
| Autor: | Aura Emanuela Domil, Dorel Mateș, Marian Socoliuc, Sorina Ancuța Pușcaș, Daniel Drăguț |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
health crisis
Coronavirus disease 2019 (COVID-19) Economic policy pandemic Member states General Medicine economic crisis lcsh:Economic history and conditions Market liquidity Loan Political science lcsh:Finance lcsh:HG1-9999 Pandemic lcsh:HC10-1085 media_common.cataloged_instance european commission European commission European union grant loan media_common |
| Zdroj: | CECCAR Business Review, Vol 1, Iss 10, Pp 46-51 (2020) |
| ISSN: | 2668-8921 1454-9263 |
| DOI: | 10.37945/cbr.2020.10.06 |
| Popis: | The COVID-19 pandemic is affecting the entire world as well as every single citizen. The health crisis started at the beginning of 2020 and up until now no improvements can be predicted. The health crisis has led to the development of an economic crisis. Since the two are closely related and there is no cure for the health crises yet, we can only expect that the economic crises will extend and that it will continue to produce effects long after the health crises would have ended. Mankind has not faced such a health crisis for more than a century and the economic conditions back then were totally different from the present ones, therefore we cannot say that we have an answer for the current economic crisis. European leaders have reached the conclusion that the best weapon in fighting against the current economic crisis is the liquidity infusion to the economy by means of grants and loans given by the European Commission to all EU Member States. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|