European Debt Crisis Fast Facts

CNN Editorial Research

Updated 1559 GMT (2359 HKT) January 14, 2021

Replica drachma notes are displayed outside a bank on June 14, 2012 in Athens, Greece. The country goes to the polls on June 17, its second election in six weeks. It was called after the May 6 elections failed to deliver a government for the country, which has been struggling with a debt crisis for two years.
Photos: Greece uncertainty
Greece uncertainty – Replica drachma notes are displayed outside a bank on June 14, 2012 in Athens, Greece. The country goes to the polls on June 17, its second election in six weeks. It was called after the May 6 elections failed to deliver a government for the country, which has been struggling with a debt crisis for two years.
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A left wing party election poster calls for Greece to pull out of the European Union and euro, on June 13, 2012 in Athens, Greece. Some Greeks have been withdrawing their money from the country's banks to protect themeselves from the crisis.
Photos: Greece uncertainty
Greece uncertainty – A left wing party election poster calls for Greece to pull out of the European Union and