Financial and Eurozone Crisis

2008

Interviews

Occupation: Law Professor. Former Minister, Former Advocate General for ECJ
Occupation: Lecturer in Politics at the University of Oxford
Occupation: Writer and literary critic
Born: 1967
Occupation: Real estate agent
Location: Italy
Born: 1991
Occupation: Company manager
Location: Poland
Born: 1980
Occupation: Content manager
Location: United Kingdom
Born: 1991
Occupation: Start-up team leader
Location: Poland
Born: 1981
Occupation: PhD researcher
Location: Portugal
Born: 1997
Occupation: DPhil Student
Born: 1987
Occupation: Managing Director, Alliance4Europe
Born: 1961
Occupation: Architect
Location: Spain
Born: 1996
Occupation: Student
Location: United Kingdom
Born: 1990
Occupation: Programmer
Location: Poland
Born: 1994
Location: Poland
In 2008, a profound economic crisis gripped countries around the world. The Eurozone Crisis, also known as the European sovereign debt crisis, emerged in the aftermath of the 2008 Financial Crisis. Due to significant deficits and a reliance on foreign funds, several countries were unable to repay their government debt without significant assistance from external parties, like the European Central Bank. The crisis had significant effects on the European Union as a whole, as well as particular countries, such as Spain and Greece who saw a drastic rise in unemployment.