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Author Question: Which was NOT a reason for the present economic crisis in Europe? (Read 33 times)

Jipu 123

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Which was NOT a reason for the present economic crisis in Europe?
◦ widespread Soviet interference in eastern Europe's economies
◦ cheap credit available to weaker EU economies (such as Greece)
◦ the insistence of wealthier EU nations demanding poorer ones engage in fiscal austerity, which had the effect of unemployment in the poorer nations (and thus less tax revenue)
◦ overspending by governments in weaker EU nations
◦ the lingering effects of the 2008 global financial crisis


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Marked as best answer by Jipu 123 on Apr 15, 2021

vboyd24

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Jipu 123

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Reply 2 on: Apr 15, 2021
Excellent


kishoreddi

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Reply 3 on: Yesterday
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