There is a wide spread idea that periphery countries of the euro zone are those to blame for the crisis because of their irresponsible economic and political decisions and actions. As follows it is popular to argue that core countries are those paying for the consequences of the crisis. Yet this notion is far from obvious as growing number of analysis reveal crisis profits for countries such as Germany. Academic debate still lacks coherent analysis of crisis burden sharing. In this paper it is argued that crisis burden sharing is dependent on economic interdependence between euro zone countries. Model for measuring economic interdependence is proposed and network analysis of economic interdependence between euro zone countries is carried out. Results of this analysis are invoked to analyze and explain existing crisis burden sharing in the euro zone.
