In this article, it talks about how the bailout of Greece's economy and the delay of those talks have affected the the value of the Euro. The Euro is the current currency for the European Union. The delay is causing uncertainity and reluctance for citizens of Greece because they dont know when and if the international creditors are going to bail out the country. This drop in the value of the Euro is giving citizens less spending power in the market place. I feel this is a big social issue for citizens in Greece and will affect peoples decision making on certain things.
The reason I feel it is a social issue is because its going to affect people and how they spend there every day lives. Also, this drop in the value of currency can cause stress in the household and between people and fanilies and their behavior towards each other whether its good or bad. That uncertainity of the value of money could also, but certain people in a situation for example might have to turn to crime because they cannot support their family because of the less spending power. All in all, Europeans are nervous right now because this is something that not only affects them financially but socially as well.
www.europeandaily.com/business
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