IMF is UNO recognized international monetary fund or reserve which helps its members. It established in 1946 after bretton wood meeting. It has 185 members across the all nations but soviet Russia and its member are not linked with IMF.

The main aim of EU was to establish economic Integration but due to some reasons it had led Global Economic Crisis. Eurozone Debt crisis has resulted from a combination of complex factor.The reason for Euro zone crisis are discussed as follows:

Objective of European Union    1:Elimination of custom duties among member states.   2:Elimination of obstacles to the free flow of import and export of goods and    services among member nations    3:Free movement of capital and people within the bloc…

European Union is a umbrella organisation including the European countries that have European eliminated economic, trade and immigration between the member countries of the union. The European union is a unique economic and political partnership bet…