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     EduGorilla 
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    According to the passage, which of the following can be attributed as being the reasons for the sovereign debt crisis originating in Greece?

    1. Greek government bonds
    were dependent on foreign investors and it failed to redeem the bonds.
    2. Greece was one of the fastest growing economies in the world.
    3. Greece having incurred huge losses in tourism and shipping was unable to honour its external debt commitments.
    4. Many Euro countries, excluding Greece, borrowed from other member countries.
     

    Options :-

    1. 3 and 4 only
    2. 2 and 3 only
    3. 1 and 3 only
    4. 1 and 2 only
    5. None of the above
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