Summary
My blog, “Will Europe Drag Down the World”, talked about the crisis in Europe. In some European countries, the state is so critical that these countries are pulling Europe down. Greece is one of the dominant countries in this issue; it has recently experienced a global crisis. European banks are trying to improve the situation and pull Europe out of economic stagnation. They need to increase the volume of lending, because the money will be used to boost economic growth, thereby multiplying it.
Tie to class
This article ties into class because it talks about economic problems and currency in the EU. One of the main factors determining the development of the political situation in the world is the financial and economic crisis. Since the issue of the dollar began to be implemented on a larger scale than euros, by the end of the year Europe partially recouped their background lost during the spring of the Greek crisis. With the introduction of the common European currency, individual countries have been unable to pursue an independent policy of emission, while pursued by the European Central Bank policy. They were pursued at least until recent correspondence with the interests of the Nordic countries, depriving southerners’ opportunities to solve their problems tested way.
Personal Reaction
From this perspective, it can be argued that the crisis in Europe is completed in the next 10 years. Until today, the banks do not know exactly whether they have enough money to lend. Now the situation has changed. I think no one will not allow the collapse of the European Union, I believe that the government should carefully maintain the country specifically in areas in which there are economic