I didn't realize that they still haven't taken care of the issues in Greece. I remember when there was a whole fiasco about it on the news and then the news coverage of it disappeared. Maybe it was because of me moving to college and joining the 'Furman Bubble.' (lol) It's kind of sad that things are still not looking up yet.
It seems that all of Europe was having it's own banking problems. Italy and Spain are mentioned in one of the articles as having their own problems with banking. It's an entire European problem, Greece just seems to have the short end of the stick as some may say.
They said that the Greek Deal would not work, even by 2020. The debt will still be substantial.
This new proposal from Chancellor Angela Merkel and President Nicolas Sarkozy should begin to heal the battered European country. These two saved the euro and from the entire continent from going into turmoil. Kudos to them!
I really enjoyed your post! I can draw similarities between both of our posts. It is definitely true that Europe is having major banking issues and they need to be solved before other nations start suffering from their losses. Yes the Frenchman Sarkozy is doing good work along with Merkel in helping the suffering euro and the nations using it. Great post!
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