Economy and Business

Negotiations for Leading European Financial Aid To Greece

Negotiations for Leading European Financial Aid To GreeceThe crisis does not break, and while the world was paralyzed by the capture and killing of the former leader of Libya Muammar Gaddafi, the economy continues its path with serious consequences and victims, mainly in Europe and the United States.

And while Germany and France are the European members who led the negotiations for the financial assistance to Greece, each has expressed some alarm rates.

First, Germany has already recognized that slashed growth forecasts for 2012, which made ??a clarion call to the region. Now is the turn of France, which is not as strong financially and also demanded, in the words of the Minister of Finance, effective measures are implemented and urgent respond to the global crisis.

The truth is that the more time passes, the harder it is for the bloc to hold a regional scenario is becoming more contentious. Greece was the country to attend, but Italy and Spain did not manage to get away from the crisis, while Germany’s growth.

Even European banks are in serious trouble, and at the international level is discussed the possibility of a massive been rescued by the state in case the situation worsens.