(Answered) What are the potential implications of this problem for

Finance

European Sovereign Debt Crisis

Currently PIIGS [Portuagal, Ireland, Italy, Greece and Spain] countries have a Soveriegn Debt problem.

- What are the ultimate causes for the current crisis?

- What are the potential implications of this problem for Euro-Currency and European Monetary Integration. What should Europe do to address this problem now and what are the potential perils?

- What are the Implications of this problem for USA?

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