The Euro is recovering how long will it take to see the end of the recession
I would differ with you that the Euro is recovering. There was a trillion dollar bailout recently with the bulk of that going to Greece. But without fixing the problem of overspending that trillion dollars will disappear quick. So, yes, the stock markets recovered in the short-term. But Greece, Spain, Portugal, Ireland, and other EEU countries still haven't resolved their internal fiscal problems.
So I'm guessing there will be another bailout coming. But it's like throwing money into a bottomless pit. And another trillion dollars will likely break the bank. Further, a double digit recession is predicted in the U.S. sometime in the fall. So I wouldn't hold my breath about any sustainable recovery.
The double digit recession predicted in the U.S.does not need to happen through better management of the economy ,Greece is restructuring its economy Spain,Portugal,Ireland are already growing and have a lower rate of Debt than the U.S. I think It is only a matter of time before the rate of growth will force rates to increase
by RighterOne 6 years ago
How do you expect the Fiscal Crisis of the Euro to end?And do you think that the US and China are doomed to follow the same fate?
by Dave McClure 7 years ago
Greek Prime Minister George Papandreou has decided that the Greek people should be asked whether or not to accept the rescue package negotiated by the Eurozone leaders. The 'rescue' package, of course, came with strings attached: further austerity measures for a people already suffering. And...
by CMHypno 7 years ago
With anti-German feeling already high on the streets of Greece, is there trouble ahead? Should Greece cut free of the EU, return to the drachma, devalue and become more competitive? Is this 'one size fits all' economic policy based on what works for Germany even possible for all the...
by Holle Abee 9 years ago
WHY are we helping to bail out Greece when we're broke? I mean, I feel sorry for the Greek citizens, but can we really afford this right now?
by nightwork4 8 years ago
when will we take the blame for the recession?people are blaming the government for it but we let the government have this much power. if you new that bailouts and huge loans weren't going to help, isn't it your responsiblity to stand up and fight against it?
by Cassie Smith 7 years ago
Do you think the euro will survive?
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
HubPages Inc, a part of Maven Inc.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|