Greece is set to tell the European Commission how it aims to control its public finances and get its beleaguered economy back on track in 2010. Its debt problems represent a major test of the euro in its 12th year, as markets wait to see how the 16-nation eurozone reacts to Greece's problems. Government debt ratings have been downgraded in Greece by all three major international rating agencies.
Its debt problems represent a major test of the euro in its 12th year, as markets wait to see how the 16-nation eurozone reacts to Greece's problems.
Government debt ratings have been downgraded in Greece by all three major international rating agencies.
Holders of Greek debt, I understand. But the euro, at a time when pretty much agrees (or claims) that it is too strong? In the long run, we're all dead. John Maynard Keynes