In the debt crisis there are always consequences. First, the most tangible and lasting - falling levels of investment in the economy - based on AMarkets.
The level of private investment in the economy of the euro area declined from 3.2% -3.5% of GDP to 2.6% of GDP after the financial crisis. Outside the national debt, correlated with GDP, continued to swell, affecting most of the evrostran. Corporate investment has grown slightly in recent literally a couple of years - before the company steadily squeezed budgets for business development. That respect to investments by the household - and they continue to fall today.
Despite the fact that the EU is how to get out of the acute phase of the crisis, GDP growth is still anemic. Over the past 2 years the GDP growth, God willing, part of the annual value of 1%.
Problems of the EU are rather structural than cyclical. Monetary measures do not work - no other tools. EU countries desperately need a so-called deleveraging of the private and public sectors. But while European officials have not yet realized and continue to pump liquidity of the EU economy, believing that it can help. It helps - to delay the catastrophe ... but not for long.