Tuesday, November 1, 2011

Greece's referendum causing shockwaves

Greece has decide to take a referendum on the new deal which has been put forward by the members of the eurozone which will eliminate more than half of the Greek debt. The problem is that it comes with new laws and sanctions the Greek people are not willing to except. A recent poll taken shows that at least 60% of the nation views the new agreement as very harmful or possibly harmful.The referendum has caused stocks to plumit all over the world from china to tokoyo and back to the United States.Rumors have began to circulate that the Greek people may lose their soveriengty as the European debt crisis continues to rage.

Should the Greek government be forced to pass this bill?
2. Will the Greek people pass the new plan?
3.Why is this effecting so many peophttp://money.cnn.com/2011/11/01/markets/world_markets/index.htm?hpt=hp_t1le around the world?

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