The Reforms Of Financial Services Provision In The EU After 2008 Financial Crisis

The reforms of financial services provision in the EU after 2008 financial crisis. Relevance The financial crisis of 2008 made situation in financial. Aim Determine the impact. Tasks Determine elements a. Task 1 the Elements of a financial crisis. Economic Bubbles The cause. Bank Runs Bank runs may further exacerbate the negative effects of a financial crisis. Credit Crunches A credit. Recessions Negative economic growth generally defines a recession. Another explanation. The Crisis of Credit Visualized. Task 2 The main factors of situation during the financial crisis. Banks profits Between 2007 and 2008, banks’ profits plummeted markedly. Unemployment Unemployment rose sharply in the US and the Euro zone. World GDP dropped dramaticly. Downturn in economic activity. Task 3 The reforms that were made on financial services provision. Since the outbreak of the financial crisis. The very first. Following ones New. April - Hedge. July - Deposit. Task 4 the advantages of reforms that were made on financial services provision. On April 2012, Olli Rehn, the European commissioner for economic and monetary affairs in Brussels. European fiscal union the. European bank recovery. Eurobonds On 21 November. European Safe Bonds  According to the authors. European Monetary Fund On 20 October. Debt write-off based on international agreement In 2015 Hans-Werner Sinn. Thanks!

Tasks: Determine elements a of financial crisis Distil the main factors of situation during the financial crisis Dissect the reforms that were made on financial services provision Deduce the advantages of reforms that were made on financial services provision.

Task 1 : the Elements of a financial crisis.

Task 2: The main factors of situation during the financial crisis.

Banks profits Between 2007 and 2008, banks’ profits plummeted markedly.

Unemployment Unemployment rose sharply in the US and the Euro zone.

Task 3 : The reforms that were made on financial services provision.

Following ones: New rules on credit rating agencies (CRAs) enter into force in November 2008, June 2010 and November 2011.

Task 4: the advantages of reforms that were made on financial services provision.