The eurozone crisis explained in 5 simple graphs

Governments have collapsed and bailouts have run into the hundreds of billions of euros, and still the eurozone crisis builds. How did we get here?

Exports as a percentage of GDP

of

Part of Europe's problem is that today few of the countries have major export bases. Germany remains an export-based economy, but that is not the case in most of the eurozone. A key question when looking at the eurozone, says Kirkegaard, is “Does this country have anything that the world wants to buy?” In many cases, the answer is, "Not much."

5 of 6

Read Comments

View reader comments | Comment on this story

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK