Abstract
The subprime crisis was a global financial crisis that affected a large number of countries and, in particular, the European economies. In this paper we considered fourteen variables associated to the public, private and financial sectors, in order to analyze the main vulnerabilities, differences and similarities observed in twenty-seven European countries. The statistical analysis was performed with the STATIS methodology, with data collected in the period 2002–2011, including some years before and some after the historical crisis of 2007–2008. The study led us to conclude that European countries are different in which concerns to investment, savings, sustainability of public accounts and public investment.
Acknowledgments
We are thankful to the editor and the reviewers for their helpful and constructive comments to improve the manuscript.