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What is Euro zone crisis?

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Anonymous

11y ago
Updated: 10/1/2022

Some countries in the EU (Greece, Spain, Italy, Portual and Ireland) have a national debt so high, that no one is willing to lend them money anynmore, or only at huge amounts of interest. Because these countries spend more than they earn, they need the money to keep the country from going bankrupt.

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Agnes Considine

Lvl 10
3y ago

What else can I help you with?