Sunday, February 22, 2015

Greece and the EU: More on Debt and Democracy

http://www.economist.com/blogs/buttonwood/2015/02/greece-and-eu

The article talks about how Greece and the EU might be making a deal concerning debt and reform. The article states that this could either be a horrible thing, and everything falls apart or the deal could be postponed.  In the article, the author also talks about how Greece seems to be retreating in their efforts to extend the loan as opposed to creating a new deal completely.  The article ends with the author talking about how this has created many issues throughout different countries.  His last argument is that if the EU was like the US they would be able to solve their issues better through debate and national financial aid.

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