Why The Eu Must Help Greece

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Greece National Debt Problems – Why The Eu Must Help

The Greeks are catching a lot of flak at the moment for their massive national debt problems, but most of the countries giving them grief should look in the mirror. They might notice their own debt is massive as well. Given this, why are the willing to help the Greeks?

By:
Mark Warnerl

News and Society>
Economicsl
Feb 16, 2010
lViews: 578
lComments: 2

Eu & Greece :is Time Running Out For Greece?

Greece is a member of the European Union. Its national debt currently stands at approximately 300bn euros (0bn). This is considered excessive and as a result, potential investors are reluctant to lend the country anymore money. The ones that do lend demand a higher premium. This predicament is particularly troublesome as Greece must refinance more than 50bn euros (.7bn) in debt for 2010.

By:
charles malizel

Finance>
Investingl
Apr 20, 2010

Euro Still Struggles While rise in US Treasury yields helps Dollar stay Strong

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Nov 17, 2010

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Portugal has just had its credit rating cut and both Greece and Spain are now begging the EU to set up a bailout fund to help the beggar nations (PIIGS) who are unwilling to curb their spending habits. In our previous article, we made the following comments. Indirectly they have been begging for assistance from the very start. This aid package will trigger other beggar members of the PIIGS group to eventually join the handout club. Next in line is probably Spain. If the top members of the EU wan

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Mar 28, 2010

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