Posts Tagged ‘Greece’

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    Euro Matters

    Mar 9, 10 • 190 Views • Thinking EconomicallyNo Comments

    Said to have been one of the least-prepared countries to transition to euro cash, Greece was an original participant in the euro launch on January 1, 2002.  In the first major euro robbery, in Athens, a gunman ran off with 76,000 euros

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    Default D

    Feb 26, 10 • 172 Views • Thinking EconomicallyNo Comments

    Seeing current concerns about the money owed by Greece, I wondered about her past record.  Until 1932, it was not good.  The first report of Greece defaulting on her debt was during the fourth century B.C.  At the time, ten Greek municipalities

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    California and Greece

    Feb 23, 10 • 175 Views • Thinking EconomicallyNo Comments

    An SAT question:California: US = Greece: EU. California and Greece are similar because…1. California and Greece have debt problems.2. Both have government employees with salaries and massive pension liabilities that they have to cover.3. Both would