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Read case and answer following questions in OUTLINE format (bullet point, comprehensible, the case is reality)
1. As described in the case, the EU can do considerably less than the U.S. to avert a crisis including differences in their MANDATES. Please describe these differences.
2. Please describe the austerity measures that Greece undertook (and was asked to undertake) as described in the case.
3. What advantages does the EU (Eurozone) provide to its members (and others), if any? (YOU MAY NEED TO DO RESEARCH BEYOND WHICH IS PROVIDED IN THE CASE.)

 

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