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Profile: Eurozone

Eurozone was a participant or observer in the following events:

Eurozone policymakers fail to reach an agreement over the weekend on financial aid to bail out Greece, resulting in a sharp market drop on Monday morning as disappointed traders react to the leaders’ failure to guarantee the next €12 billion installment of Greece’s original bailout. Widespread speculation is that a disorganized Greek default will send Eurozone single-currency nations, as well as nations around the globe, into another panic. [Guardian, 6/20/2011]

Entity Tags: European Union, International Monetary Fund, Greece, Eurozone

Timeline Tags: Global Economic Crises

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