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Good articleEuropean debt crisis has been listed as one of the Social sciences and society good articles under the good article criteria. If you can improve it further, please do so. If it no longer meets these criteria, you can reassess it.
Article milestones
DateProcessResult
July 20, 2012Good article nomineeListed
In the newsA news item involving this article was featured on Wikipedia's Main Page in the "In the news" column on June 6, 2014.

Capital controls

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"Either way, many of the countries involved in the crisis are on the euro, so devaluation, individual interest rates, and capital controls are not available." Sorry, I don't have time to take this further but capital controls were implemented in Cyprus and Greece (braking the European Commission's policy of free movement of capital). See Diary of the Euro Crisis in Cyprus: Lessons for Bank Recovery and Resolution by Panicos Demetriades. It will be a big issue for the EU in dealing with the even higher debt disparities post Covid. -- John (Daytona2 · Talk · Contribs) 09:52, 14 March 2021 (UTC)[reply]

End of the crisis?

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The lede is still written as if this was ongoing, but everything appears to have been "back to normal" by 2015. If there's insufficient references for an exact end, it could at least be changed to "was a multi-year debt crisis that took place in the European Union (EU) from the end of 2009". OrangeDog (τ • ε) 14:35, 10 May 2022 (UTC)[reply]

The article Controversies surrounding the eurozone crisis is a confused mix of recap of this entire article that's 10 years out of date (lead sentence talks about an "ongoing" crisis) and a stale, forked copy of its Controversies section. I don't think this serves any useful purpose and it should either be given a very thorough update, or just merged back in. Jpatokal (talk) 00:22, 28 August 2024 (UTC)[reply]

This article is tagged as WP:TOOLONG, so a solution to that problem (and this proposal) would be to split the section European debt crisis#Controversies, leaving behind an excerpt, replacing the current outdated/overlapping text at Controversies surrounding the eurozone crisis. Klbrain (talk) 17:35, 25 November 2024 (UTC)[reply]

Causes seem incomplete

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There were two main causes for EU countries that led to their public debt crisis, being

1 "switching" to the low-inflation Euro currency without sustainably fulfilling or willing to fulfill the Maastricht treaty criteria attached to the Euro

2 "being" in the Euro without adhering to the fiscal discipline necessary for that low-inflation currency, e.g. not increasing spending levels out of line with the productivity development

One can connect a lot of other detailed decisions and events with these two main reasons but the article seems to lack any systematic description of the reasons.

Econ000 (talk) 14:10, 26 November 2024 (UTC)[reply]