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Eurozone crisis recovery plans

World news about “Eurozone crisis recovery plans” published by euronews.

10/04 15:11 CET

Eurozone spent billions on bank bailouts Ireland and Greece hardest hit

Eurozone spent billions on bank bailouts Ireland and Greece hardest hit

The ECB has published estimates of the direct cost to eurozone countries of bolstering the financial sector from 2008 to 2013. Ireland's bank bailouts cost the Emerald Isle the equivalent of close to 40 percent of its annual economic output. This is not good news for the…