THE WORLD MEDIA AND SOME EXPERTS HAILED EUROPE'S SUDDEN ECONOMIC GROWTH AS ATTRIBUTED TO THE KANZLER'S ECONOMIC STRATEGY, RATHER THAN THE ECONOMIC ---

THE WORLD'S MEDIA AND SOME EXPERTS HAILED EUROPE'S SUDDEN ECONOMIC GOWTH AS ATTRIBUTED TO THE KANZLER'S ECONOMIC STRATEGY, RATHER THAN THE ECONOMIC SUMMIT CONCLUSION ON DEBT CRISIS.


The world media hailed Europe's sudden economic growth that has tripled within the shortest time period as attributes of the conclusions made on the European Union debt crisis during the The world's economic summit. Besides the European Union decision to cancel fifty percent, or half of the debt Greece owed the European Union bank and the IMF. However, some experts have hailed Kanzler Angela Merkel economic strategy on growth that has tripled over the period of just over a week as the most practical approach that tripled growth from over one point three percent (1.3%) to five point eight percent (5.8%) . This growth has increased the value of euro by two euros in the world markets, while the struggling USA dollar has been devaluated in the world markets by just six cents (6cents), although nobody has neither expressed himself on the value of euro, nor made prediction on how long the sudden growth in Europe may be sustained. Other experts have hailed the Kanzler's effort as that, which deserve honorable Doctorate award in the fields of economy and finance.