代写论文：欧元债务危机

代写论文：欧元债务危机

第一个实例可以看到欧元债务危机在2009年10月期间,有希腊新政府说,国家的财政赤字将比先前估计,几乎就等于希腊的GDP总量的12%。因此,希腊成为第一个国家债务危机的迹象。这是在一个巨大的支出由政府控制的方式几乎不为国家金融改革(布朗,2012)。

代写论文：欧元债务危机

后来西班牙也开始感觉疼痛随着国家的失业率上升到26%。然后是葡萄牙的经济问题。如果这些国家开始违约,那么其他国家可以遵循诉讼并将离开欧元区。这将导致削弱欧洲的金融影响力。

代写论文：欧元债务危机

控制支出并不是唯一的原因,为什么这些国家面临债务危机。这些国家已经利用低利率的近十年,然后2008年危机出现了。有一个金融部门的信贷泡沫形成的房屋。有一个巨大的十字架贷款在列国中。危机后的利率飙升,这导致了金融部门无法支付债务。一些欧洲国家没有一个挥霍的经常账户赤字是不可持续的。所有这些国家已大举借贷,他们曾试图隐藏他们的赤字。他们低估了赤字成为暴露在2009年开始欧元债务危机。政府和私营企业已经采取了巨额贷款,他们无法支付。他们没有钱来支付利息。

代写论文：欧元债务危机

The first instance of the Euro debt crisis can be seen during month of October in year 2009, there was new government of Greece which said that the fiscal deficit for the nation would be higher than the previous estimate and it would equal to almost 12% of the total GDP of Greece. Thus Greece became the first nation to show the signs of the debt crisis. This was after huge spending by the government in an uncontrolled manner with almost non financial reforms for the nation (Brown, 2012). 

代写论文：欧元债务危机

Later Spain also started feeling the pain with the unemployment of the country rising to 26%. Then came Portugal with its economic problems. If these nations started defaulting then other nations can follow the suit and would leave the Euro zone. This would lead to weakening of the financial clout of Europe.

代写论文：欧元债务危机

Uncontrolled spending wasn’t the only reason on why these nations were facing the debt crisis. These nations had taken advantage of the low interest rates for almost a decade and then 2008 crisis emerged. There was a credit bubble being formed in the financial sectors as well the houses. There was a huge cross lending among the nations. Post the crisis the interest rates surges and this led to the financial sector being unable to pay the debt. Some European nations who had not been on a spending spree ran a deficit in the current account which was unsustainable. All these nations had borrowed heavily and they had tried to hide their deficits.  They had underreported their deficits which became exposed during the year 2009 and this started the Euro debt crisis. Governments and the private firms had taken huge loans which they were unable to pay. They did nothave the money to pay interest.