Eurozone Debt Crisis

Ireland
The Irish sovereign debt crisis was not based on government over-spending, but from the state guaranteeing the six main Irish-based banks who had financed a ''property bubble''.(a type of economic bubble that occurs periodically in local or global real estate markets characterized by rapid increases in valuations of real property such as housing until they reach unsustainable levels and then decline)
Ireland's GDP €0.2 tn;Foreign debt: €1.7 tn;Foreign debt to GDP 1,093% ;Govt debt to GDP 109%
Ireland's biggest creditors are -
UK           -    €104.5bn
Germany   -    € 82 bn
USA         -   € 39.8 bn
France      -   € 23.8 bn
Japan       -   € 15.4 bn

Portugal

Between 1974 and 2010, Portugal governments have encouraged over-expenditure and investment bubbles through unclear public-private partnerships and funding of numerous ineffective and unnecessary external consultancy and advisory of committees and firms which allowed considerable slippage in state-managed public works and inflated top management and head officer bonuses and wages.

Portugal's GDP €0.2 tn;Foreign debt: € 0.4 tn;Foreign debt to GDP 251% ;Govt debt to GDP 106%
Portugal's biggest creditors are -
 Spain      -    € 65.7 bn
UK           -    €18.9 bn
Germany   -    € 26.6 bn

USA         -      € 3.9 bn
France      -      €19.1 bn
Italy           -     €  2.9 bn

Greece

In the early-mid 2000s, Greece's economy was strong and the government took advantage by running a large deficit. As the world economy cooled in the late 2000s. After 15 consecutive years of economic growth, Greece went into recession in 2009.By the end of 2009, the Greek economy faced the highest budget deficit and government debt to GDP ratios in the EU.(budget deficit stood at 15.4% of GDP).This, and rising debt levels (127% of GDP in 2009) led to rising borrowing costs, resulting in a severe economic crisis. Greece was hit especially hard because its main industries - Shipping and Tourism were especially sensitive to changes in the business cycle. As a result, the country's debt began to pile up rapidly.

Greece's GDP €0.2 tn;Foreign debt: €0.4tn;Foreign debt to GDP 252% ;Govt debt to GDP 166%

Greece's biggest creditors are -

UK           -    € 9.4bn
Germany   -    € 15.9bn

USA         -      € 6.2 bn
France      -      €41.4 bn