Eurozone sovereign debt crisis
GPTKB entity
Statements (58)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:causedBy |
high government debt levels
|
| gptkbp:highlights |
flaws_in_Eurozone_governance
|
| https://www.w3.org/2000/01/rdf-schema#label |
Eurozone sovereign debt crisis
|
| gptkbp:impact |
Euro currency
|
| gptkbp:influenced |
international relations
national elections public trust in institutions global financial markets political parties' platforms economic policies in member states European_integration_debates public_opinion_on_the_EU |
| gptkbp:influencedBy |
European_Union_regulations
European_Central_Bank_policies |
| gptkbp:involved |
gptkb:European_Central_Bank
gptkb:European_Commission gptkb:IMF Troika credit rating agencies monetary policies bond markets fiscal policies conditionality measures bailout funds debt-to-GDP ratios financial contagion risks |
| gptkbp:involves |
gptkb:Greece
gptkb:Ireland gptkb:Italy gptkb:Portugal gptkb:Spain |
| gptkbp:ledTo |
debt restructuring
economic recession migration issues austerity measures bailouts youth unemployment reforms in financial regulation banking crisis increased scrutiny of public finances loss of confidence in financial markets creation_of_the_European_Stability_Mechanism increased_Eurozone_solidarity_measures |
| gptkbp:resultedIn |
political instability
social unrest increased unemployment increased taxes long-term economic impacts increased public debt reduced public spending increased scrutiny of banks bank recapitalization efforts changes_in_fiscal_policies_across_Europe |
| gptkbp:sparked |
debate on austerity vs growth
debate on economic integration debate on fiscal union |
| gptkbp:triggerType |
2008 financial crisis
|