Thursday, November 15, 2012

EUROPEAN UNION COUNTRIES EFFORT FOR A UNIFIED ECONOMY AND STRONGER EURO HAS BEEN FELT IN SLIGHT RECESSION, SLIGHT CURRENCIES DEVALUATION AND FREQUENT STOCK MARKETS PLUNGES.

EUROPEAN UNION COUNTRIES EFFORT FOR A UNIFIED ECONOMY AND STRONGER EURO HAS BEEN FELT IN SLIGHT RECESSION, SLIGHT CURRENCIES DEVALUATION AND FREQUENT STOCK MARKETS PLUNGES.

     Effects of the European Union countries effort for a unified economy and stronger Euro is being felt in slight recession, slight currencies devaluation and stock markets frequent plunges on the European Union successful financial markets. These effects have been generally referred to as attributes of the decision making process of the European Union banks with the European Union Finance Ministers on issues that may have both immediate and long term effect on the Union's projected economic prospects. Some of the issues that have been discussed and evaluated by the European Union Parliament entailed the Euro-bond sales of the Southern European Union countries, the European Union Austerity measures, the Southern European Union countries protest by strikes and demonstrations against their governments Saving Plan Packages and the European Union Finance Ministers acceptance of Greece repeated request, or rather the demand for two years break time needed for recovery that may affect Greece improving financial and economic efficiency, or pose risk on Europe's prosperous economies in the next two years.

                                                    Written by Professor Godfrey Ohia.

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