(adsbygoogle = window.adsbygoogle || []).push({}); Starting a few years ago, several countries within the European Union (EU) were placed under direct scrutiny to determine causes of debt and attempt to reconcile the issue through various bonds being sent. While Greece and Spain were the hardest hit initially, other countries are beginning to feel the effect, specifically Italy and Germany. Starting a few years ago, several countries within the European Union (EU) were placed under direct scrutiny to determine causes of debt and attempt to reconcile the issue through various bonds being sent. While Greece and Spain were the hardest hit initially, other countries are beginning to feel the effect, specifically Italy and Germany. While Italy was initially targeted, especially when it slipped into a recession in 2012, it has been gradually improving, until numbers were released for the last quarter. read more