When the global financial crisis hit the shores of Europe, after crossing the Atlantic, the Eurozone was considered a safe haven. After the first Greek bailout in May 2010, the discourse had now changed completely; the debt crisis was the euro's fault. As a result, some argued that Greece and...

Although the 2007-2009 global financial crisis began in the United States, it did not take long for the European Union (EU) to suffer its contagious effects. In order to avoid their banking systems from imploding, many EU governments had to bail out these failing banks, just as the American...

When the global financial crisis hit the shores of Europe, after crossing the Atlantic, the Eurozone was considered a safe haven. After the first Greek bailout in May 2010, the discourse had now changed completely; the debt crisis was the euro's fault. As a result, some argued that Greece and...