Interactive
Interactive: An austere trip through Europe
Learn about the state of the eurozone's fragile economies.
Last Modified: 01 Oct 2012 12:44

With swelling unemployment, tottering banks, and faltering growth, the eurozone is not a healthy patient.

The 17 countries that use the currency suffer from different ailments: collapsed housing bubbles in Spain and Ireland, overly high deficits in Greece, and exposure to toxic Greek debt just about everywhere. But the treatments put in place have been the same: cut spending and raise taxes.

Portugal is selling off state-owned companies. Belgium is reforming its pension system. Greece is slashing the minimum wage and levying new taxes. Even Finland, which has a relatively low national debt, turned down building a Guggenheim museum in Helsinki because it would have cost too much.

Austerity measures tend to be quite unpopular with the public, and in September massive, occasionally violent protests erupted against new rounds of austerity measures in Spain, Portugal, and Greece.

Click on the country names below to let Al Jazeera take you on an austere journey through the eurozone.

Creative Commons License

177

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
An interactive dashboard examines the history, successes and challenges facing the group.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Fallout from rare strike at Arabtec Construction continues.
A four-part series that gives a rare insight into the country on the move, with history in tow.