La crisi in poche righe

"The exposure of governments to ‘their’ banks and
of banks to ‘their’ governments makes public
finances in the euro area particularly prone to
liquidity and solvency crises. Markets have
realised that such a configuration is a source of
significant vulnerability and they are pricing the
risk that governments go further into debt as a
consequence of bank weaknesses, or that banks
incur heavy losses as a consequence of their
sovereign holdings."