2008 European Union stimulus plan
Economic policy in the European Union / From Wikipedia, the free encyclopedia
"European Economic Recovery Plan" redirects here. For the European Recovery Program, see Marshall Plan. For a broader view of policy responses to the global economic slowdown, see 2008–2009 Keynesian resurgence.
On 26 November 2008, the European Commission proposed a European stimulus plan (also referred to as the European Economic Recovery Plan) amounting to 200 billion euros to cope with Great Recession in Europe and the 2007–2008 financial crisis. It aimed at limiting the effects of the Great Recession through national economic policies, with measures extended over a period of two years.