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  European sovereign debt crisis

 

debt crisis

Saw VII: EU edition. [By Jiao Haiyang/China.org.cn]



The European sovereign debt crisis has occupied the media spotlight for almost the whole of 2011. The crisis spread from Greece to Ireland, Portugal, Italy, Spain and other eurozone countries, leaving Europeans tired and disillusioned with the on-going saga. The continuing crisis has resulted in the resignation of a number of experienced prime ministers, including Italy's Silvio Berlusconi, Ireland's Brian Cowen, Greece's George Papandreou and Portugal's Jose Socrates.

 

Related news: 

 

 Italian PM Berlusconi resigns

• Irish PM resigns as leader of ruling party

• Papademos named interim Greek PM

 Portuguese prime minister steps down

• Britain to rejoin EU talks to address debt crisis

• Russia might aid in European debt relief efforts

• EU leaders race to agree on tougher fiscal rules

 

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