Greek crisis explained : causes, development and consequences

Greek crisis explained : causes, development and consequences

The country keeps on fighting with European creditors who want more and more austerity in exchange for a rescue plan. If the country goes bankrupt or decides to leave the Eurozone, the situation could create instability and contagion not only in the Region but also globally.

Greece and the European Union struggle for about 7 years to find a solution to the Greek crisis. During this time, Greece’s crisis triggered a debt crisis in the Eurozone and fueled fears of a global financial crisis.

Thailand : between economic growth and financial crisis

Thailand : between economic growth and financial crisis

Today, The real problem of Thailand seems to be the crisis in international markets. The strong dependence on exports makes the country vulnerable to depressive times in foreign trade and global demand for goods. To this, we need to add the growth of trading companies that, strong in the absence of internal regulations, take advantage of the situation to cheat investors.

Cause and consequences of 2008 economic crisis

Cause and consequences of 2008 economic crisis

There are many factors that have caused the 2008 crisis, and many of them have not been created by Europe. And now the small continent cannot do much to fix these mistakes There is an adage that says: When the US sneezes, the world catches a cold. And perfectly describes the American disaster that has …

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