https://www.arc.ritsumei.ac.jp/artwiki/index.php?action=history&feed=atom&title=%E5%88%A9%E7%94%A8%E8%80%85%3AWolfsonScoville453d 2026-08-20T14:52:14Z このウィキのこのページに関する変更履歴 MediaWiki 1.43.0 https://www.arc.ritsumei.ac.jp/artwiki/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:WolfsonScoville453d&diff=62839764&oldid=prev 2025-05-07T00:00:04Z

<p></p> <p><b>新規ページ</b></p><div>What really caused the eurozone crisis?<br /> <br /> World leaders probably spent more time worrying about the eurozone crisis than anything else in 2011.<br /> <br /> And that was in the year that featured the Arab Spring, the Japanese tsunami and the death of Osama Bin Laden. What&#039;s more, 2012 looks set to be not much different. But as eurozone governments hammer out new rules to limit their borrowing, are they missing the point of the crisis?<br /> <br /> * The eurozone has agreed a new &quot;fiscal compact&quot;<br /> * Eurozone leaders have agreed to a tough set of rules - insisted on by Germany - that will limit their governments&#039; &quot;structural&quot; borrowing (that is, excluding any extra borrowing due to a recession) to just 0.5% of their economies&#039; output each year. It will also limit their total borrowing to 3%. These rules are supposed to stop them accumulating too much debt, and make sure there won&#039;t be another financial crisis.<br /> * But didn&#039;t they already agree to this back in the &#039;90s?<br /> * Hang on a minute. They agreed to exactly the same 3% borrowing limit back in 1997, when the euro was being set up. The &quot;stability and growth pact&quot; was insisted on by German finance minister Theo Waigel (centre of image). What happened?<br /> * So who kept to the rules?<br /> <br /> </div>

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