EU economic crisis-News Analysis-09-14-2011

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How is EU economic crisis-News Analysis-09-14-2011

EU economic crisis-News Analysis-09-14-2011 Video Clips. Duration : 24.60 Mins.

We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Kaiser Union City. Moody's has downgraded 2 of the largest banks in France. Doubts lay large over Greece's ability to repay its debt, as many fear Italy, though it has announced fresh austerity measures to deal with its public debt, may be next in line for a bailout, not to mention Portugal, Ireland, and Spain. World Bank President has said raised the alarm says "The global economy has entered a new danger zone with little running room as European countries resist difficult truths about the common responsibilities of a common currency." So, how will European leaders prevent the sovereign debt crises from spreading or is the EU doomed: And the Euro zone faces an imminent break-up?

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