During the European Sovereign Debt Crisis in 2009, five out of seventeen countries were in financial trouble.   Which three countries that were given bailouts were able to recover and borrow in traditional bond markets again by 2014?

A) Ireland, Cyprus and Spain ​
B) Ireland, Portugal and Spain​
C) Cyprus, Portugal and Spain ​
D) Cyprus, Ireland and Portugal ​

European Sovereign Debt Crisis

A period of financial turmoil in the eurozone where several member countries faced rising government debts and bond yields, leading to bailouts and austerity measures.

Traditional Bond Markets

Financial markets where investors trade debt securities, typically issued by governments and corporations with fixed interest rates.

Bailouts

Bailouts refer to financial support provided to a company or country facing financial distress, often to prevent bankruptcy and stabilize the economy, usually by governmental or international organizations.