European debt crisis欧洲债务危机英文.pptxVIP

European debt crisis Outline definition evolution causes effects solutions Definition The European debt crisis is a multi-year debt crisis that has been taking place in the European Union since the end of 2009. The phenomenon of the crisis Several eurozone member states (Greece, Portugal, Ireland, Spain and Cyprus) were unable to repay or refinance their government debt or to bail out over-indebted banks under their national supervision without the assistance of third parties like other Eurozone countries, the European Central Bank (ECB), or the International Monetary Fund (IMF). evolution