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Euro debt crisis in pictures By Prieur du Plessis, on November 28th, 2010 posted in: Economy, Europe  2 people had their say - chime in!
For the second time in just a few months, Angela Merkel will have to explain to voters why Germany must bail out a fellow euro-zone member state. Skepticism is growing – amongst voters, in the media and within her party. Many want to see Dublin raise its low corporate tax. And so the saga continues … Below are some great graphics from Spiegel Online, illustrating the extent of the EU’s rescue fund, money owned to German banks and the eurozone budget deficits.
Source: Spiegel Online, November 23, 2010 (hat tip: The Big Picture).  2 comments to Euro debt crisis in picturesLeave a Reply |
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According to Nigel Farage, Spain’s debt is 7 times bigger than Ireland and there isnt enough money to bail them out after Portugal and Ireland so this means your charts are wrong. The debt for the US is far greater than will ever be published.
Ang
@Angela: I did not publish a total debt chart – only money owed to German banks.