Greek Crisis Prompts Fears for Euro Currency
Europe • 7/01/11 2:51:33 pm • Views: 505
From Scandinavia to the Mediterranean shores of southern Europe, there are widespread fears over the future of the euro currency and the European Union itself. The EU has been shaken by the Greek debt crisis, but its leaders insist the Union and the currency will hold together. Some say the biggest danger for Europe, though, could lie beyond Greece.
In Athens’ Syntagma Square, a few hundred protestors still remain. Draped in Greek flags, their anger is mixed with dejection.
Despite the protests this week, Greece’s parliament approved spending cuts of $40 billion demanded by the EU and IMF bailout.
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