Sunday, March 21, 2010
EC urges loans for Greece
A while back, the Greek government stated that it did not need financial help, just time and support. However the European Commission has urged European governments to grant loans to Greece to help resolve its dept crisis. European nations have yet to decide on a way to best helo Greece, and some governments strictly refuse to help.
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greece might not want to take out loans now because it will only set them up for another future financial struggle. taking loans to help resolve its debt crisis is like paying off a credit card bill with another credit card.
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