The multifaceted nature of the economic and financial crisis that has been affecting the euro zone
for the last three years and the multiple institutional responses that the European Union has at
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tempted to provide has led to a specific lexical field. This glossary tries to define in simple terms
the concepts of economic theory, the key ideas from a budgetary point of view, the terms borrowed
from the financial markets, the issues at stake for each State that is receiving financial aid and the