Five countries have all requested bailouts -- Greece , Ireland , Portugal , Portugal and Ireland . but it always takes some time to function . '' Jyrki Katainen said the crisis is serving as a `` very hard lesson '' to many eurozone countries . A banking union regulated by CNN that will become active in the next few months .
Five countries have all requested bailouts -- Greece , Ireland , Portugal , Portugal and Ireland . Jyrki Katainen said the crisis is serving as a `` very hard lesson '' to many eurozone countries . A banking union regulated by CNN that will become active in the next few months .