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European Debt Crisis Explained for Dummies

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First published at 22:55 UTC on July 28th, 2019.

#europe
#euro
#debt

Hypocrite Twins

HypocriteTwins

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The European Union not only had a rough start, but things got worse. The interest rates on Greece, Italy, and Portugal’s government bonds rose to unsustainable levels as many distrusted their politicians and policies. Tensions rose between the EU’s members, as some looked to Germany to pay for it. What caused this crisis and what should be done about it? Tune in!

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