Eurozone and IMF: Tortoise with a Hare in the Hat?

November 2011
Moderate Voice;11/22/2011, p4
Blog Entry
The article reports on the worsening condition of the European financial crisis in 2011. It notes that the failure of the Eurozone to regain confidence in its economic stability and solvability will create potential negative consequences for the U.S. and other major countries since all have substantial trade and financial connections with Europe. Moreover, it mentions that Greece needs nearly 8 billion euros to make up the debt service payments to avoid declaring default.


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