Greece Crisis and Globalization

Table of content:
Executive Summary……………………………………………………….…….. Page 3
creative activity…………………………………………………………………………Page 3
How Greece went into Crisis and reached a record unemployment of 25.1%.................Page 3-4
How can Greece crisis affect some other(a)s and globalization.............................Page 4-5
How other countries are support Greece......................................................Page 5
What Greece is doing about this crisis.........................................................Page 6
Conclusion……………………………………………………………………….…Page 6
eccentric…………………………………………………………………………...Page 7

Executive Summary:
Being a part of europium Zone, Greece has to pay attention to its economy because this country is linked with other European countries. If Greece is not doing well it affects the economy and it pull up stakes literally take down the currency Euro which is being used by other European countries too. But heres a sad part, In July 2012 there were more than 1000 jobs bemused which made over 1.26 Million people unemployed in Greece. This number is 25.1% of total Greece employment. The age group which was affected the about were people from 15-24 years of age (bbc.co.uk, 11-OCT-12).



The reason why banks went demolish is because people dont play taxes so when banks hire help from governments the governments doesnt have enough money to monetary fund the banks. The economy of Greece is only surviving on international bailouts which doesnt seems to last longer so Athens will be imposed using austerity measures for the return of money. This Greece can be a very serious threat to globalization.
Introduction:
In this fast growing mankind, even countries are interdependent on each other economies. As globalization is growing and the world is becoming a global village countries are getting more close to each other but the drawback of this is, if formerly country suffers the other countries dependent on it also will suffer. Greece is being a member of European Union since 1981 and the...If you ask to get a full essay, order it on our website: Ordercustompaper.com



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