Dear MEL School’s Topic Readers,
Greek elections: What now for the euro?
When the pain becomes unbearable, the
desperate patient may be left no choice but to seek whatever relief they could
get. Imagine a situation where every one out of four is out of work, every one
out of two young people has no job. It doesn’t sound so surprising to see the voters
in Greece chose the extreme leftists to run the country, who openly committed
to criticize the country’s debtors such as European Central Bank, European
Commission and International Monetary Fund that had helped its financial crisis
few years ago. They are demanding the creditors to simply write off the loans
without showing any honor or plans to repay even part of it.
How its neighbors and lenders will react
and deal with such disrespectful government?
Enjoy reading and thinking what will happen
next in Greece, Euro and Europe.
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