Question

Which of the following countries offered bailouts for the weaker economies in the European Union during...

Which of the following countries offered bailouts for the weaker economies in the European Union during the economic downturn?
a. Italy and Germany
b. Germany and France
c. France and Spain
d. Spain and Greece
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Answer #1

In the year 2009 there was a major European Economic Crisis where government of the following European countries like Greece, Spain, Cyprus, Portugal and Ireland were not able to get rid of their debts.

Imbalance of capital flow between the countries in Eurozone led to worsening of balance of payments that is export import business in some countries and the government couldn't adopt devaluation policy to fill in the trade deficit.

So , they were offered economic bail out to recover from the debt trap.

To answer the question IMF and Eurozone countries provided the Economic bail out so answer can be Germany and France

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