EuroEconomica, Vol 31, No 2 (2012)

Abstract

The paper deals with the impact of the economic crisis on the EU27 and Euro area using another scientific approach. The main objective of the paper is to realise a forecast of the economic recovery across Europe for the next two years. In order to realise this, the scientific method and the approach are connected to the latest other researches in this topic area. The analysis and the conclusions of the paper are based on latest official statistical data, statistical tables and pertinent diagrams. The results of the analysis are new forecasts for the main economic indicators for EU27 and Euro area. The problem is that the crisis is far away from being solved and EU27 is not able to manage a more realistic economic recovery plan.