Current Event: Greece

http://www.ihavenet.com/economy/Greek-Financial-Debt-Crisis-Only-Part-of-EU-Greek Financial Debt Crisis Only Part of EU's Woes
Woes-WP.html
Greek Financial Debt Crisis Only Part of EU's Woes

Greek crisis has accelerated the European Union's crisis. The EU crisis began when they aborted the attempt to write a constitution where you could find ratification. They also tried to expand the EU to 27 members. These events terminated postwar Europe's attempt to establish a political federation.

However they could create a common currency, the euro. The euro had almost doubled the value of the dollar but is know falling back.

Much of this problems are now being accelerated by Greeks crisis.

http://www.youtube.com/watch?v=mEVqeaFHsHE

(This is a video explaining the Greeks crisis)

 

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