Sovereign debt crisis

Critically discuss the following statement: “Eurozone countries are more prone to experience a sovereign debt crisis than countries that are not part of a monetary union.”
Suggested questions to help you structure your essay ?
1:What is an optimum currency area? ?
2:Is the Eurozone an optimum currency area? ?
3:How fragile is the Eurozone? ?
4: Are members of the Eurozone more prone to experience a sovereign debt crisis? ?
References that may help you start ?
Pilbeam, K., 2013. International Finance, Palgrave Macmillan, 3rd Ed., Ch 16. ?
Copeland, L., 2014. Exchange Rates and International Finance, Prentice Hall, 6th Ed., ?Ch. 16.

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