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Since 2010 Air Air Max 96 Homme Pas Cher , the three major rating agencies have cut global Greece, Ireland, Portugal, Italy, Spain, sovereign credit ratings, the European sovereign debt crisis surfaced. April 23, 2010, Greece formally apply for assistance from the EU and the IMF Air Max 95 Homme Pas Cher , the EU had launched 110,000,000,000 euros rescue mechanism. This is the first time in 11 years the establishment of the euro area member states relief mechanism is enabled. December 16, the EU summit decided to establish a permanent relief mechanism, showing that the maintenance of economic stability in the euro area determination.
European sovereign debt crisis, the surface under the impact of the international financial crisis, the product of the weak economic recovery in Europe, in fact Air Max2 Light Homme Pas Cher , this risk has been hidden for many years. Euro area core countries and peripheral countries the imbalance of economic development and the country’s own economic structure and external defects, is caused by the root causes of the crisis.
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