What is happening to Europe or Greek

India
June 22, 2012 10:46am CST
Where this problem arises, is it due to globalization, where the money goes from one country like Greek, who is enjoying their efforts, first that should be stoped. Further this kind of situation can solvable, everyone should come forward to help them on loan basis, where we are in problem others will help, helping the whole country is not a risk, the same country can recover and repay the loan. It is our duty to help within the earth, it is only a mutual.
1 response
@chriskoh (16)
• Philippines
24 Jun 12
Lots of countries have accumulated large debt. Spain, Italy, Greece, Ireland have falling economy right now. France and Germany which are both the wealthiest country in EU would have to bailout this countries. If they refuse to help this countries they we could say goodbye to the EURO currency because every one of the countries would have their own local currency