And thousands in Spain and Portugal have taken to the streets to protest the austerity measures their governments have imposed to tackle the debt crises.
Several thousand Portuguese protesters marched in the capital Lisbon and other cities on Saturday.
The government of Prime Minister Pedro Passos Coelho was the main target of the protests.
In May, the government received a bailout of 78 billion euros.
Leaflets read "Portugal has had enough of being robbed and humiliated."
In Spain, about 2,000 people marched in the capital Madrid.
The marchers included many families who chanted "Don't owe money, we won't pay."
A recent opinion poll indicates 70 percent of Spaniards disapprove of conservative Prime Minister Mariano Rajoy's rule as the nation considers a sovereign bailout.
One out of four people in Spain are jobless and are suffering extreme financial woes.