Solving Europe's unemployment problem: the demystification of flexibility
In: Working papers
In: College of Europe 10
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In: Working papers
In: College of Europe 10
In: Outre-terre: revue française de géopolitique, Band 32, Heft 2, S. 249-263
ISSN: 1951-624X
In: Relações internacionais: R:I, Heft 32
ISSN: 1645-9199
The Portuguese successful superation of the current crisis depends on its decisions but also on the financial stabilization of the euro area and how the European Union continues to address it. The economic, political, and institutional roots of this crisis can be found nor only within the most affected countries but also in the construct and in the political management of the euro area as a whole. Despite the Portuguese structural problems and imbalances the contagion effects are obvious from the crisis timeline. Stopping contagion and preserving the stability of the whole area is the Union's most pressing objective. Adapted from the source document.