What is the definition of euro crisis?

1 answer

Answer

1246317

2026-05-10 11:45

+ Follow

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.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.