الخميس، 29 يوليو 2010

Greece or the euro Or other


 

This article discusses the Greek crisis


Why the crisis has affected Greece on the euro area, not just the euro zone, but were behind the whole world and hit the concerns of the European Union to the crisis plaguing neighboring countries, despite the fact that this state represents only a small percentage is 3% of the economy of the European Union. What will happen to the euro as a result of this crisis . Who will come after Greece Is Italy or Spain or Portugal .


The views of bankers

Mr. Weber, a member of the European Central Bank's governing council and a leading candidate to succeed Jean-Claude Trichet as ECB president next year, told the legislators that Greece's situation was worsening and that "the numbers are changing all the time," according to the person. A Bundesbank spokesman declined to comment


The comments come after ECB President Jean-Claude Trichet indicated in an interview with Bloomberg elevision earlier today that the decision to purchase assets wasn’t supported by all 22 council members. The move is part of an historic bid to rescue the euro after Greece’s fiscal crisis spread to other indebted nations in the currency bloc. European finance ministers also unveiled a loan package worth almost $1 trillion




In 1999     Euro Issued



The first two years Appeared weak



Ten years after Arrived in value against the dollar 1.60



During the crisis the Greek Arrived in value against the dollar 1.20 nearly



Previous illustration

Is the crisis the Greek to be able to this great vulnerability that has plagued the euro zone, or are there other gaps undeclared Will show us in other years Like what happened years ago (2008 global crisis) (2009 Dubai's crisis) (2010 crisis, Greece) . It is clear that countries of production have an interest The low price of the euro Of low commodity prices to increase output



Think a little and will reach



And to another topic soon



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