Wednesday 31 July 2013

BFG (Bust For Greece) meaning help from the BFG's (Big Friendly Giant's)?

Hey Guys. A critical update on Greece here. Has anyone been monitoring the bad economical situation in the past year? It may come as a shock to some, but even though Greece are the 34th largest economy worldwide with a $292 billion nominal GDP, and have EU power, their 2010 government debt crisis dragging up to now, received a further blow.
Economists in the past year, predicted that this financial issue would be rectified in the coming years, however, in the July, the economic index fell from 93.5 to 91.7. Big blow to the future prospects of Greece. What do you think?
Sources claim that the decrease in consumer index has risen from the decline in consumer trust which has an impact mainly on industry. Will Greece need any sort of help from its fellow EU siblings or the US in order to re-instill the prosperity and positive future for itself?
If you have any ideas or opinions, feel free to post them in comments.

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