📝 The eurozone in crisis 2009

Q1. In which year did the IMF agree to a loan of €110 billion to Greece?

💡 Difficulty: easy | ✅ Correct: C

Q2. If a eurozone country with a debt‑to‑GDP ratio of 120 % and short‑term loans due in one year receives a €50 billion bailout, which immediate fiscal effect is most likely?

💡 Difficulty: medium | ✅ Correct: A

Q3. How does the absence of a fiscal union exacerbate a monetary union's vulnerability during a sovereign debt crisis?

💡 Difficulty: hard | ✅ Correct: A