Economy - Voice of America: Economists: Greek Economic Problems Could Spread

Economy - Voice of America economy-and-business

Economists: Greek Economic Problems Could Spread May 18th 2012, 21:58 How can problems in Greece's relatively small economy cause problems for the rest of Europe and even far-away Asia and the United States?  Some economists say that international loans and worried investors are among the reasons for the fear of financial contagion. Economic austerity measures recently sparked riots in Greece as some citizens protested cuts in government spending, services, wages along with tax increases. The bitter medicine was intended to help the troubled ... Media files: 7BB11FE5-71BC-4631-A625-6FD7FAFA6A11_cx0_cy4_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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