- Volume 10 (2011), Issue 1
- Vol. 10 (2011), No. 1
- >
- Pages 41 - 48
- pp. 41 - 48
The European Commission’s Phasing-Out Process for Exceptional Crisis-related Measures
I. Introduction The financial and economic crisis currently faced by industrialised countries is the most important since the Second World War. To address challenges raised by the crisis, governments in these countries have put in place exceptional measures to support their financial sector, maintain banks lending to the real economy, and mitigate the impact of the financial crisis on their economies. In the EU, these exceptional emergency measures co