2008 European Union Stimulus Plan
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. On 26 November 2008, the European Commission proposed a European stimulus plan amounting to 200 billion euros to cope with the effects of the global financial crisis on the economies of the members countries. It aims at limiting the economic slowdown of the economies through national economic policies, with measures extended over a period of two years. The European Commission presented on 26 November a plan to cope with the current economic crisis in the 27 member…mehr

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. On 26 November 2008, the European Commission proposed a European stimulus plan amounting to 200 billion euros to cope with the effects of the global financial crisis on the economies of the members countries. It aims at limiting the economic slowdown of the economies through national economic policies, with measures extended over a period of two years. The European Commission presented on 26 November a plan to cope with the current economic crisis in the 27 member countries of the Union. The plan combines short-term measures to stimulate demand and maintain jobs and longer-term measures to invest in strategical sectors, including research and innovation. The aim is to promote growth and ensure sustainable prosperity. The plan includes targeted and temporary measures amounting to 200 billion euros, or 1.5% of EU GDP, using both the national budgets of thenational governments, the budget of the EU and that of the European Investment Bank. The plan is scheduled on a period of two years.