Before revision:  Fitting the parameters to Eurocrisis data shows that , before the crisis, the  system was mostly in the " calm " regime while during the Eurocrisis it went into the " panicked " regime.
After revision:  Fitting the parameters to Eurocrisis data shows that , before the crisis, the Eurozone crisis the system was mostly in the " calm " regime while during the Eurocrisis it went into the " panicked " regime.