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Why is U.S. Part of Greek Bailout?

Authors :
Rodgers, Cathy McMorris
Source :
Human Events. 5/17/2010, Vol. 66 Issue 18, p12-12. 1p.
Publication Year :
2010

Abstract

The article ponders on the participation of the administration of U.S. President Barack Obama in the international bailout of Greece. It points out that such move will compel other European countries with problems to seek the aid of the U.S. The public debt of Greece is attributed to excessive government spending and borrowing. According to the author, the consequences of the economic policy of Obama are demonstrated in Greece.

Details

Language :
English
ISSN :
00187194
Volume :
66
Issue :
18
Database :
Academic Search Index
Journal :
Human Events
Publication Type :
News
Accession number :
50914397