Tuesday, May 4, 2010

News: European debt crisis, who owes money?

Yes, yesterday European Union and IMF helped Greece with a "rescue package" of €110 bn. But are these efforts enough to stop the debt of the Eurozone states? Sadly, no.

European countries are linked to each other with an intensity that can be confusing. New York Times helped us to draw the spiderweb that's the European chain of debt.

Click to enlarge it. Image by: New York Times

I hope now, European chain of debt is clearly than before. And, of course, is easy to understand why Germany wants Greece out of European Union, right?

3 comentaris:

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what a nice post. Your blog is very interesting and I like to read it! Thanks for putting this post together. Really interesting stuff here.

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