Because of (blank) some countries using Euro faced bankruptcy and threatened the value of the euro

Question

Social Studies

Brodie Hart

2 February, 05:11

Because of (blank) some countries using Euro faced bankruptcy and threatened the value of the euro

+2

Answers (1)

Know the Answer?

Precious Navarro · Answer 1

countries in the Eurozone were faced with high structural deficits, a slowing economy and expensive bailouts that led to rising interest rates, which exacerbated these governments' tenuous positions