Global Journal of Management and Business Research, D: Accounting and Auditing, Volume 22 Issue 2

© 2022. Afzal Ahmad. This research/review article is distributed under the terms of the Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creativecommons.org/licenses/by-nc-nd/4.0/. Global Journal of Management and Business Research: D Accounting and Auditing Volume 22 Issue 2 Version 1.0 Year 2022 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-4588 & Print ISSN: 0975-5853 Lessons Learned from European Sovereign Debt Crisis By Afzal Ahmad International Islamic University Chittagong Abstract- The sovereign debt crisis has severely affected countries within the Eurozone. The widespread consequences of the crisis include economic recession and financial markets downturn. The following essay provides a detailed overview of the debt crisis and its major impacts on financial markets and institutions, and presents lessons learned following the crisis. The results presented by this essay comprise the strong interconnection within the Eurozone and the lack of efficient regulations. GJMBR-D Classification: DC Code: 368.973 LCC Code: KF1215 LessonsLearnedfromEuropeanSovereignDebtCrisis Strictly as per the compliance and regulations of: