Are Risking Bankruptcy!

Are risking bankruptcy!

Postby Peach » 04 Dec 2009, 17:21

Romania, Greece, Bulgaria, Latvia and Ireland are risking bankruptcy! Five "poor countries" in EU may enter in incapacity of default, consider Kenneth Saul Rogoff Professor of Economics, Harvard University USA.
CNBC TV American economy nominates the same five countries cited by the Harvard economist, including Romania, Bulgaria and Hungary along with the "small economies" also anticipating signs of instability in the larger economies such as Russia.
Government in Athens has already announced tax increase, and people will be forced to accept increases to products and services.
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Re: Are risking bankruptcy!

Postby Steven » 07 Dec 2009, 19:23

Peach wrote:Romania, Greece, Bulgaria, Latvia and Ireland are risking bankruptcy! Five "poor countries" in EU may enter in incapacity of default, consider Kenneth Saul Rogoff Professor of Economics, Harvard University USA.



he woke up, this great professor at Harvard from the U.S., to hold preachings about bankruptcy, when the economic crisis started just from them, to look at them first and then criticize us :x
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Re: Are risking bankruptcy!

Postby aimhigh » 07 Dec 2009, 20:27

I think the bankcruptcy is another tactics only of those in commerce industry so that people will panic and will save their money.
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Re: Are risking bankruptcy!

Postby Laurentine » 07 Dec 2009, 23:17

Romania, Greece,Bulgaria,Latvia, Ireland are risking bankruptcy.In a cource of international crisis it is not surprisingly that some participating countries are in such a difficult situation.The most important question is how to resolve this global question.Why global? Because such a situation is like a chain reaction reflecting the problem of EU policy in a whole.Another question-what countries (Germany,France...) will help deptors countries and wouldn't it looks like encourage deficits and breaking the fiscal discipline.
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Re: Are risking bankruptcy!

Postby M.Helen » 08 Dec 2009, 17:33

Laurentine wrote:The most important question is how to resolve this global question.Why global? Because such a situation is like a chain reaction reflecting the problem of EU policy in a whole.Another question-what countries (Germany,France...) will help deptors countries


I, if honestly, do not see any global problem ... these countries are not of the size of the U.S., Russia, Japan or China to influence the world economy .... and of course will receive help primarily from within the continent, from EU. No matter by whom(which country); what matter is to restore their economic situation
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Re: Are risking bankruptcy!

Postby UKIP » 09 May 2010, 19:25

There is no doubt that the EU is on the brink of collapse. I welcome this good news.
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