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Bookmark or Share- European debt crisis - Wikipediav. t. e. The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, was a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone member states ( Greece, Portugal, Ireland, Spain, and Cyprus) were unable to repay or refinance ...
- European Sovereign Debt Crisis: Eurozone Crisis Causes, ImpactsThe debt crisis began in 2008 with the collapse of Iceland's banking system, then spread primarily to Portugal, Italy, Ireland, Greece, and Spain in 2009, leading to the popularization of a...
- Euro-zone debt crisis | Causes, Impact & Solutions | BritannicaMario Draghi. period of economic uncertainty in the euro zone beginning in 2009 that was triggered by high levels of public debt, particularly in the countries that were grouped under the acronym “PIIGS” ( Portugal, Ireland, Italy, Greece, and Spain ).
- PIGS (economics) - WikipediaPIGS (economics) PIGS is a derogatory acronym that has been used to designate the economies of the Southern European countries of Portugal, Italy, Greece, and Spain. [1] [2] [3] [4] [5] During the European debt crisis of 2009–14 the variant PIIGS, or GIPSI, was coined to include Ireland.
- PIIGS: CNBC ExplainsCrypto. PIIGS: CNBC Explains. Mark Koba | @MarkKobaCNBC. Published 2:44 PM ET Thu, 11 Aug 2011 Updated 5:01 PM ET Thu, 13 Dec 2012 CNBC.com. PIIGS is a not-very-favorable term used by bond...
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