The European debt crisis and effects of the crisis on the country sample

In the United States in 2008, resulting mortgages which originated the financial crisis has led to a debt crisis in European Union. It first began to show the effects of the crisis in Greece, in European Union in the following years, and peripheral countries showed a large spread after also being taken under the influence. As of 2015, the effects of the crisis which is still occurring in 2009 in European Union is felt considerably. The bursting of the real estate bubble formed in the mortgage market in the United States, has led to the fluctuation and loss of power in global financial markets. Before long, the impact of the crisis showed itself in countries with major problems in the accounts associated with public and private sectors in European Union. This issue was selected to examine the economic results on the EU countries of the debt crisis. Examining the results of countries like Greece, Ireland, Portugal, Spain and Italy, we have reached the conclusion that structural problems in the national economies as the main cause of the crisis in Europe.