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Critically Evaluate the Roles of the Main Eu Institutions (Council, Commission and Parliament) in the Management of the Continuing Economic/Financial Crisis

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Critically Evaluate the Roles of the Main Eu Institutions (Council, Commission and Parliament) in the Management of the Continuing Economic/Financial Crisis
INTERNATIONAL MANAGEMENT

“Critically evaluate the roles of the main EU institutions (Council, Commission and Parliament) in the management of the continuing economic/financial crisis”

Submitted By:ARMAAN
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Table of Content

Methodology3
1. INTRODUCTION4
2.EUROPEAN UNION INSTITUTIONS5
3.The European institutions / bodies and their functions6
4.EUROZONE7
4.1 EUROZONE CRISIS7
4.2Probable causes of Crisis7
4.3 Impact of Crisis8
4.4Countries Affected9
4.5Current Situation9
5. The actions of the Irish and EU authorities in managing the crisis to date10
5.1IRISH AUTHORITIES12
6.The EU legislation, if any, relevant to the issues being planned, proposed or debated.13
7. The Future of EURO14
Conclusion16
REFERENCES17

Methodology This report is divided into multiple Phases:
The 1st phase of the project involved: Gathering information about European Union, its members and Institutions. Reason behind its formation, goals and objectives. The 2nd phase of the project refers to the: Beginning of euro crisis. Analysing pros and cons of single currency and market. Analysing crisis, steps taken by EU institutions and governments to overcome it. Impact of EU crisis on global market. The 3rd phase refers to the: Future of EU and Single Market.

Preparation of phases involved various data collection techniques which in turn enhanced the validity of data collected. The report relies on factual material and analysis on topics like: Reason for euro crisis, impact, current situation and expected future of euro. Debit to GDP ratios. Portfolio. Investment capital flows. A blow on Employment from EU Bank Deleveraging. GDP change.
Share of total loans and bonds held by non-banks, which are presented in central bank reports, other banking sector surveys, case studies and reports, media reports and analysis by leading academics and practitioners sourced from published articles and books,


References: Guardian.co.uk (2013) Eurozone crisis | Business | The Guardian. [online] Available at: http://www.guardian.co.uk/business/debt-crisis [Accessed: 11 Jan 2013]. Unknown. (2013) european union. [online] Available at: http://europa.eu/index_en.htm [Accessed: 11 Jan 2013]. European Commission (2004) First report on the implementation of the internal marketing strategy 2003-2006. Luxembourg: Office for Publications of the European Communities. Source – Report. ec.europa.eu (2013) econoic and financial affairs. [online] Available at: http://ec.europa.eu/economy_finance/euro/index_en.htm [Accessed: 11 Jan 2013]. Kenny, T. (1930) What is the European Debt Crisis?. [online] Available at: http://bonds.about.com/od/advancedbonds/a/What-Is-The-European-Debt-Crisis.htm [Accessed: 11 Jan 2013]. BBC News (2012) What really caused the eurozone crisis?. [online] Available at: http://www.bbc.co.uk/news/business-16290598 [Accessed: 11 Jan 2013]. google.ie (2013) eu legislation. [online] Available at: http://ec.europa.eu/economy_finance/articles/governance/2012-03-14_six_pack_en.htm [Accessed: 11 Jan 2013]. Unknown. (2013) eu legislation. [online] Available at: http://ec.europa.eu/taxation_customs/common/legislation/legislation/customs/index_en.htm [Accessed: 11 Jan 2013]. Ebooks.cambridge.org (2011) Part III - The future of the euro area - University Publishing Online. [online] Available at: http://ebooks.cambridge.org/chapter.jsf?bid=CBO9781139044554&cid=CBO9781139044554A024 [Accessed: 11 Jan 2013]. ec.europa.eu (2013) single market. [online] Available at: http://ec.europa.eu/ireland/ireland_in_the_eu/ireland_and_the_single_market/index_en.htm [Accessed: 11 Jan 2013]. Civitas (1957) EU Facts: The Single Market. [online] Available at: http://www.civitas.org.uk/eufacts/FSECON/EC1.htm [Accessed: 11 Jan 2013].
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