Introduction to International Politics

Foreign Event Analysis

Locale[]
Greece
Title
Chinese bailouts for Europe?
Summary
Recent meetings between the European Financial Stability Facility and Chinese leaders have yet to set a formal deal but the deal is estimated to cover 70bn euros to cover the European debt.
Analysis
The French President, N. Sarkozy said that Greece’s entry to the euro-zone was a mistake because of their massive debt at the time that has since increased. But it could be rescued thanks to a new deal on the debt crisis. But this deal will not be enough to cover the animosity that stronger countries in the euro-zone, like France and Germany, for the threat to their economies by extending a communal hand to the Greek government.
Perspectivei
Identity
In-Region URL
http://www.bbc.co.uk/news/world-europe-15489202
Out-of-Region URL
http://www.scmp.com/portal/site/SCMP/menuitem.2c913216495213d5df646910cba0a0a0/?vgnextoid=dea42184d9843310VgnVCM100000360a0a0aRCRD&vgnextfmt=teaser&ss=Companies+%26+Finance&s=Business
Submitted
October 28, 2011 at 11:29 am