Hey ! u article is absolutely brilliant ! i have to write an eassy assignment for international bankinig course for my MS program. This is so helpful the timeline is just what will help me shape a great eassy ! .Great work ,looking forwards to read more of your work soon. One Question hundreds of billion in debt how will these countries get out of this ? ...why didnt the governements see it coming when their debt levels were rising . Is taking on this much debt even a way to grow , this clearly shows the hollowness in the european policy making.All eurozone countries will are inthis together the rise or fall...its about time they realise and show some contingent thinking .