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Published on Jan 14, 2012
Read more at http://www.simplecleareasy.com 1. What is the European sovereign debt crisis ? European Sovereign Debt Crisis is the unstable situation in which the 17-nation eurozone will not be able to pay the entire debt obligation. It began in Greece in 2009, and has spread to Portugal, Ireland, Italy, Spain, threatening to push Europe into recession. 2. Why did the European debt crisis occur ? Some of the reasons behind the crisis : ... Read more at http://www.simplecleareasy.com