The eurozone has some countries with severe debt problems, Finance Basics

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The eurozone has some countries with severe debt problems

The Eurozone has some countries with severe debt problems: Portugal, Ireland, Italy, Greece and Spain ... sometimes known as PIIGS. These Euro countries are looking for and have been assured of a "bail-out" process so that no one defaults on their debt. What do you now think is likely to happen to the relative value of the euro?

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Finance Basics: The eurozone has some countries with severe debt problems

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