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In 2010, the stability of the euro was threatened primarily by the sovereign debt crisis in several Eurozone countries, particularly Greece. High levels of national debt, coupled with concerns over fiscal mismanagement and the inability to meet budgetary targets, led to fears of default. This situation prompted a loss of confidence among investors, resulting in rising borrowing costs for affected countries and triggering a broader financial crisis within the Eurozone. The European Union and the International Monetary Fund intervened with bailout packages, but the crisis highlighted the vulnerabilities in the euro's structure and governance.

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2w ago

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