Bibliograph

Euro crisis, should the U.S. help ease Europe's economic woes?, [by Christopher Hack]

Type

Label

Euro crisis, should the U.S. help ease Europe's economic woes?, [by Christopher Hack]

Language

eng

Bibliography note

Includes bibliographical references (pages 859-863)

Illustrations

mapsillustrations

Index

no index present

Literary Form

non fiction

Main title

Euro crisis

Nature of contents

bibliography

Oclc number

813846601

Responsibility statement

[by Christopher Hack]

Series statement

CQ Researcher,, 2012, v. 22, no. 35, 1056-2036

Sub title

should the U.S. help ease Europe's economic woes?

Summary

Amid Europe's continuing economic troubles, riots erupted in several nations last month, notably Spain and Greece, as citizens protested radical government efforts to cut spending and raise taxes. Rising debt has damaged the euro currency and pushed many nations into deep recession, high unemployment and widespread poverty. Some experts say Europe's economic woes are holding back economic recovery in the United States by undermining consumer confidence, exports and investments and that the U.S. government should do more to help Europe fix its problems. Otherwise, they warn, a new global economic crisis on the scale of the 2008 crash could hit Europe, the United States and the rest of the world. Other experts argue, however, that it is not in the United States' interest to help rescue the European economy

Contributor

Subject

Content