Tuesday, September 27, 2011

Europe's debt crisis: 5 things you need to know

by Ben Rooney

CNN Money

September 30, 2011

It's been about 18 months since the sovereign debt crisis in Europe began attracting attention in global financial circles.

In that time, the crisis has grown into the biggest challenge the European Union has faced since the adoption of the euro as its single currency 12 years ago.

Greece, Portugal and Ireland are on life support. Italy and Spain are exhibiting worrying symptoms. Germany and France, the healthy ones, are suffering from a global economic malaise.

As the situation appears to be coming to a head, again, here are five key issues to keep an eye on.

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