Global financial crisis-eurozone sovereign debt crisis

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Countries around the world are still struggling to reenergize their sluggish economies from the impact of the Global Financial Crisis (GFC) and the Eurozone Sovereign Debt Crisis. Implementation of quantitative easings; fiscal and monetary policies to revitalize the economies are now been hampered by low commodity prices, declining crude petroleum oil prices and the volatility in foreign exchange markets. The current economic scenario poses a variety of challenges to the treasury of banks around the globe.

1) Explain the Global Financial Crisis and the Eurozone Sovereign Debt Crisis. What were the causes?

Reference no: EM131079261

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