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Here are some online resources to explore the so called Eurozone crisis that is occurring in late 2011:

Is the Euro Crumbling? Excellent, simplified infographic video on background behind current Eurozone crisis by BBC.

How can countries go bust? Useful one minute summary by the BBC’s Robert Preston.
In graphics: The Eurozone’s crisis – BBC provides useful graphs for comparing deficit, GDP, Unemployment and Debt in Eurozone countries and UK.
Timeline: The unfolding eurozone crisis by the BBC

Eurozone debt web: Who owes what to whom? infographic by BBC

EU Debt Crisis in Charts Infographic – via forexnewsnow.com

It’s All Connected: An Overview of the Euro Crisis – NYT Sunday Review (Interactive Graphic)

Paradigm Lost – Mapping The Crisis – carnegieendowment.org

Image: via infographicsinsights.com

Q&A: Greek debt crisis – BBC News round up of the Late 2011 economic crisis in Greece, and how it impacts on the Eurozone
Beware of falling masonry – article by the Economist (26th November 2011):

The crisis in the euro area is turning into a panic and dragging the zone into recession. The risk that the currency disintegrates within weeks is alarmingly high

Is this really the end? – article by the Economist (26th November 2011):

EVEN as the euro zone hurtles towards a crash, most people are assuming that, in the end, European leaders will do whatever it takes to save the single currency. That is because the consequences of the euro’s destruction are so catastrophic that no sensible policymaker could stand by and let it happen.

Eurozone crisis: Terms explained – The Telegraph defines some of the buzz words which frequently appear in current media analysis of the Eurozone crisis.

Are you struggling to understand your credit default swaps and your buybacks? Here are some of the terms used to discuss the eurozone debt crisis

An interpretation of possible outcomes of Greek debt (as at 26th October 2011):

Source: http://www.el-baghdadi.com

Further reading:

More useful updates can be found at these sites:

http://www.bbc.co.uk/news/special_reports/global_economy/

http://www.scoop.it/t/eurozone

http://www.guardian.co.uk/business/debt-crisis

http://www.economist.com/node/21524378