The recent experience in Greece, Portugal, and Ireland make the euro

Question

Quizplus · Accepted Answer

The recent experience in Greece, Portugal, and Ireland have shown that the increasing debt levels in these countries have made the possibility of the euro failing somewhat likely. Despite measures taken by the European Union to address the debt crisis, the issue of high debt levels in several member countries remains a concern. Therefore, it is reasonable to conclude that the euro is somewhat likely to fail due to increasing debt levels.

The Recent Experience in Greece, Portugal, and Ireland Make the Euro