Econostrum | Economic News in the Mediterranean



Tags (27) : economic and financial crisis

Why Mediterranean countries withstood the impact of the crisis

10/16/2012 - Frédéric Dubessy | Socio-economic assessments

While the US and European banking systems were overwhelmed by the subprime crisis and credit crunch, Mediterranean member countries of the FEMIP (*) to a large extent withstood the crisis in 2009. How did they overcome this hurdle, and how can the road to growth be rediscovered? A study on this issue was published by Femise and the EIB on 29 November 2010.

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