By Eliane Portillo

The big stock markets in the Eurozone have lost, so far more than 20 percent of their value this year due to persistent debt problems.

Milan´s floor accumulates a decline of 31 percent, Paris 25.82, and Frankfurt 21.49, which is close to their annual minimum.

In this context, there are several facts that weigh on European finances and the fear of markets increase, including Germany's refusal to issue Eurobonds.

The proposal, described as unnecessary and inappropriate by German Chancellor Angela Merkel, seeks teach country of the group to ensures others´ debt with the aim of stabilizing the current crisis.

On the other hand, the International Finance Institute, which brings together some 400 banks worldwide, said that the eurozone fell into a new recession.

In recent weeks, the members of the area and the European Union have met on several occasions to try to tackle the debit difficulties that threaten to spread.

However, there are obstacles such as the diversity of views about possible solutions and the level of participation in the contribution of the different members to rescue the heavily indebted.

Some analysts consider necessary to make a major redistribution of wealth into the common currency area.

They also argue for a restructuring of the debt, extending due datelines, and even cancel it.

However, other experts describe a more pessimistic scenario posed by the reconfiguration of the Eurozone, which would be a blow to the process of integration.