d) Effect on the EU and the World
Although Greece is a country that only has a small economy, the annual contribution is only about 2% of GDP for the region the European common currency, but Greece's debt crisis will cause strong impact to the stability of the Euro currency, causing a chain reaction for the regional economy
Since Greece uses the Euro currency but their scandals will cause the currency weakens, its rates across Europe will be increased. Greece's troubles have sparked the worst crisis in 11 years history of the area using the single currency.
If Greece does not achieve an agreement on the bailout nation capable of forcing to leave the EU.
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