Greece

Greece vows to build on EU deal

On Thursday, Countries gather together to help Greece in their debt and solve the continent’s debt crisis. Investors have agreed to accept loses of 50 per cent on their Greek bonds. Greece citizens are not very happy with the help; instead, they seem to be angry with the decision. A Greece citizen states “What rescue? Europe has betrayed us. Can’t they see we’ve nothing left to give?” People are upset about the prospect of years of awful belt-tightening demanded by lenders.

The Country is in great debt at the moment. Greece is not able to provide many jobs. As Papandreou said “the EU would help ease the burden on Greece’s middle class and turn the page for the country, racked by its worst recession in four years” Regardless the opinion of the citizens, Greece will be able to overcome their debt problems and be given a great opportunity to once again succeed.

Liberal

http://www.athensnews.gr/portal/9/49743

http://www.cbc.ca/news/world/story/2011/10/27/eurozone-greek-deal.html

October 27, 2011 at 6:33 pm