The European debt crisis in 2011 began with:
A)public debt problems in Great Britain.
B)public debt problems in Greece.
C)the collapse of the real estate market in Norway.
D)strikes by labor unions in Spain.

Question

Quizplus · Accepted Answer

The European debt crisis in 2011 began with public debt problems in Greece. Greece's debt problems were the first to surface and were caused by a combination of factors including large government deficits, unsustainable spending, and a lack of confidence from investors. The crisis then spread to other countries in the European Union, leading to a broader financial crisis.

The European Debt Crisis in 2011 Began With