 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.
<clarity>  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.
 Fitting the parameters to Eurocrisis data shows that , before the crisis, the system was mostly in the " stable " regime while during the Eurocrisis it went into the " panicked " regime.