Excerpt
Excerpt
Can the Eurozone Survive? Dante Roscini, September 20, 2012, Case. "The sovereign debt crisis that took Greece by storm in 2010 began to spread to other European markets. Within a few months Ireland and Portugal had also lost access to the sovereign debt markets and had to rely on supranational loans for their financing. The risk of further contagion was clear and present. Political leaders continued to seek measures to stem the crisis and to avoid the larger economies of Spain and Italy becoming involved. The European financial system became strained. Banks were ..." May require purchase or user account. Link verified August 21, 2014