Learn about the state of the eurozone's fragile economies. With swelling unemployment, tottering banks, and faltering growth, the eurozone is not a healthy patient. The 17 countries that use the currency suffer from different ailments: collapsed housing bubbles in Spain and Ireland, overly high deficits in Greece, and exposure to toxic Greek debt just about everywhere. But the treatments put in place have been the same: cut spending and raise taxes. Portugal is selling off state-owned companies. Belgium is reforming its pension system. Greece is slashing the minimum wage and levying new taxe
Monday, June 18, 2012
Interactive: An austere trip through Europe
Learn about the state of the eurozone's fragile economies. With swelling unemployment, tottering banks, and faltering growth, the eurozone is not a healthy patient. The 17 countries that use the currency suffer from different ailments: collapsed housing bubbles in Spain and Ireland, overly high deficits in Greece, and exposure to toxic Greek debt just about everywhere. But the treatments put in place have been the same: cut spending and raise taxes. Portugal is selling off state-owned companies. Belgium is reforming its pension system. Greece is slashing the minimum wage and levying new taxe
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