Tag Archives: coronavirus epicenter

With Europe now the coronavirus epicenter, fears rise over a break up of the euro zone

coronavirus epicenter

The euro zone, in which 19 countries share the same currency, has struggled to grow since the sovereign debt crisis of 2011.
At the time, highly-indebted nations, such as Spain, Portugal and Greece could not get financing from financial markets and asked for external help to support their economies.
The euro area has so far failed to deliver a massive fiscal stimulus package like that of the United States.