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1.

Scan the text and write down words you think are related to the title:
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2. What is the main idea of the passage?
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3. Name some of the causes for the debt crisis in Europe.
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4. Scan the text and find out what the following acronyms stand for:
EMU:
EDP:
SGP:
AGS:
ESM:
5. Describe the sanctions mechanism.
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6. Name the five ambitious targets set by the EU.
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7. Which are the key elements of the governance framework?
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8. Are there any shortcomings in the EUs system of economic governance?
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9. Find phrases in the text that render the meaning of the following Greek phrases:



10. What connections can you make to the text? How do you feel about it?

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