Jorge Valero

Timeline of a crisis: Europe’s economic strategy from 2008 to today
Euro & Finance 25-05-2016

Timeline of a crisis: Europe’s economic strategy from 2008 to today

At the outset of the economic crisis in 2008, the EU mirrored the rescue packages seen in the US and elsewhere. In total, more than €1.6 trillion was used to save the banks and €200 billion to keep the European economies afloat.