Содержание
- 2. What is the Eurozone Debt Crisis? This is also known as Eurozone sovereign debt crisis The
- 3. What are the causes of a debt crisis? What causes a debt crisis to occur are
- 4. Brief History The Eurozone debt crisis seems to surround Greece the most. The actual beginning is
- 5. Brief History The EDC began in 2008 with the crash of Iceland’s banking system, which spread
- 6. Data Collection The main European countries affected in the European Debt Crisis are as follows:
- 7. Latest Developments PORTUGAL In the first quarter of 2010 Portugal had one of the best rates
- 8. Latest Developments May 16 2011- Eurozone leaders officially approved a €78 billion bailout package for Portugal,
- 9. Latest Developments The Portuguese government also agreed to eliminate its golden share in Portugal Telecom to
- 10. Latest Developments SPAIN The country's public debt relative to GDP in 2010 was only 60% Spain's
- 11. Latest Developments May 2010- Spain announces the new austerity measures designed to further reduce the country's
- 12. Latest Developments GREECE October 4 2009-With the new president, Papandreou November 5 2009-Greece reveals that their
- 13. Latest Developments April 17 2011- Greek borrowing costs start rising sharply again, on fears that its
- 14. Impact on the local economy The Eurozone debt crisis impacted market sentiment. The country’s economic condition
- 15. Remedial Measures Emergency loans have been extended as bailouts mainly by stronger economies like France and
- 16. PERSONAL ANALYSIS
- 17. Reason 1 One of the reasons for the debt crisis is because of the corrupt government.
- 18. Reason 2 I find it inevitable to partnerships to happen, most especially among powerful allies. However,
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