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 Country: Greece
 Collection: Congressional Research Service Reports
The Eurozone Crisis: Overview and Issues for Congress
The Eurozone's economic crisis threatens economic stability in Europe and beyond. Four specific economic challenges faced are high debt levels and public deficits, weaknesses in the European banking system, recession and high unemployment in some Eurozone countries, and persistent trade imbalances. Three issues for Congress regarding these challenges are how this situation will impact the US economy, IMG involvement, and how the US and Europe will cooperate to solve these issues. digital.library.unt.edu/ark:/67531/metadc86596/
The Eurozone Crisis: Overview and Issues for Congress
This report provides an overview of the causes, challenges, political dynamics, and other aspects of the Eurozone's economic crisis and discusses the related issues that Congress may address, such as: how this situation will impact the U.S. economy, IMF (International Monetary Fund) involvement, and how the US and Europe will cooperate to solve these issues. The report also contains supplemental figures and charts. digital.library.unt.edu/ark:/67531/metadc122220/
Frequently Asked Questions about IMF Involvement in the Eurozone Debt Crisis
On May 2, 2010, the Eurozone member states and the International Monetary Fund (IMF) announced an unprecedented €110 billion (about $145 billion) financial assistance package for Greece. The following week, on May 9, 2010, EU leaders announced that they would make an additional €500 billion (about $636 billion) in financial assistance available to vulnerable European countries, and suggested that the IMF could contribute up to an additional €220 billion to €250 billion (about $280 billion to $318 billion). This report answers frequently asked questions about IMF involvement in the Eurozone debt crisis. digital.library.unt.edu/ark:/67531/metadc490910/
The Future of the Eurozone and U.S. Interests
Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests. digital.library.unt.edu/ark:/67531/metadc31475/
The Future of the Eurozone and U.S. Interests
Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests. digital.library.unt.edu/ark:/67531/metadc87159/
Greece's Debt Crisis: Overview, Policy Responses, and Implications
This report covers the sovereign debt crisis currently faced by the Eurozone which has culminated with Greece, which is at the center of the crisis, Ireland, and Portugal borrowing money from other European countries and the International Monetary Fund (IMF) in order to avoid default. Topics covered include: the build-up of Greece's debt crisis, policy responses with limited success, and broader implications. Specific issues for Congress include how the U.S. economy and banking industry will be affect by these recent events. digital.library.unt.edu/ark:/67531/metadc93837/
Greece's Debt Crisis: Overview, Policy Responses, and Implications
This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States. digital.library.unt.edu/ark:/67531/metadc501977/
Greece's Debt Crisis: Overview, Policy Responses, and Implications
This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States. digital.library.unt.edu/ark:/67531/metadc501901/
Greece's Debt Crisis: Overview, Policy Responses, and Implications
Greece is currently facing such a sovereign debt crisis. On May 2, 2010, the Eurozone members and International Monetary Fund (IMF) endorsed a historic €110 billion (about $145 billion) financial package for Greece in an effort to avoid a Greek default and to stem contagion of Greece's crisis to other European countries, particularly Portugal, Spain, Ireland, and Italy. This report provides an overview of the crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States. digital.library.unt.edu/ark:/67531/metadc501834/