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The eurozone crisis started in Greece in 2009-10, spread into Ireland and Portugal, and, from there, quickly spread to … the eurozone's total GDP, yet the crisis in Athens threatened to grow into a worldwide contagion.Individual chapters …
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Up until the economic and financial crisis, economic conditions in the European regions had been converging. This process has come to a complete standstill in recent years due to lower growth in Eastern Europe and stagnation in Southern Europe.
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