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The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating debt levels. When, as a negative repercussion of the Great Recession, the relatively fragile banking sector had suffered large capital losses, most states in ...
The European debt crisis has been one long slow-motion train wreck. On Monday, Martin Wolf, the chief economics commentator at The Financial Times, suggested that a breakup of the Eurozone now ...
Inside Europe: Ten Years of Turmoil is a three-part documentary broadcast on BBC Two in early 2019. It covers matters affecting the European Union in the 2010s, and in particular Brexit, the European debt crisis and the European migrant crisis.
Public debt $ and %GDP (2010) for selected European countries Government debt of Eurozone, Germany and crisis countries compared to Eurozone GDP. The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, was a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s that made it difficult or ...
The European debt crisis is back in the headlines, and the news is not good. Portugal's prime minister resigned after his austerity plan for the beleaguered nation were rejected by opposition ...
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The European central bank, as the monetary union's central bank, responded to the sovereign debt crisis with a series of conventional and unconventional measures, including a decrease in the key policy interest rate, and three-year long-term refinancing operation (LTRO) liquidity injections in December 2011 and February 2012, and the ...
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