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With In Depth

The Eurozone and Sovereign Debt

What's next for Europe's debt-ridden countries? Greece has taken steps to reduce the budget deficit and avoid going bankrupt. Athens recently successfully released government bonds to raise much needed cash. The issuing of bonds raised 5 billion Euros. A first step on the long road out of the crisis.

The Euro has dropped in value as a result of weak economies in the Eurozone. How can European nations fend off an impending Euro crisis? One idea is to strengthen the growth and stability pact regulations. Brussels and the embattled Eurozone nations are working on a plan out of the crisis.