Posts tagged as:

european union

The Euro Signals a Loss of Faith in Paper Currency

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The situation with Greece has gone far beyond just the economic consequences for Greece, Portugal, Italy, Ireland, and Spain. It now has spun further to bind all of Europe and the world with it. The markets are experiencing a huge drop, and the worst has not yet passed. As each day passes, the world comes [...]

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The Greece Bailout: Is it Effective?

Greece was able to finalize a deal with Germany and the IMF regarding its heavy €110-billion ($150-billion) debt. The EU will be providing €80 billion while the IMF will be providing the additional €30 billion. Prime Minister George Papandreou believes this bailout funding will save Greece, but its citizens are thinking otherwise. Globe and Mail [...]

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The Impending Doom After Greece

Greece is only one piece of the broken chain within the EU nations. So, once shouldn’t sigh with relief once Greece’s problems blow over. Once their situation is resolved, all attention will refocus itself onto those other problematic countries. There has been a lot of speculation, and let’s just say that things aren’t looking well [...]

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