Wednesday, June 22, 2011

GERMANY'S INCREASING ROLE AS EUROPE'S DOMINANT ECONOMIC MUSCLE BECAME QUESTIONABLE.

Germany's increasing role as Europe's dominant economic muscle and economic problem solver for mostly the European Union countries and some countries around the world became questionable during the Greek's loan and government crisis. Despite Germany's annual surplus that exceeded the sum of two hundred and three billion euros ($203,000,000,000.00)euros, the government has emphasized the European Union Central bank conditions in order for Greece to qualify for the European Union financial rescue package, eventhough Greece may require over three years to save the required amount of seventy eight billion euros which is less than half, or just over a quarter of the sum of money of Germany's annual surplus.

1 comment:

  1. NEWS AND CHAT FOR THE WEEKEND HAS NOT BEEN ABLE TO FULLY ENCOUNTER THE DIFFICULTIES IN PUBLISHING THE DAILY ARTICLES AFTER THE CYBER ATTACK ON THE BLOG.


    WRITTEN BY gODFREY oHIA

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