EU, the Europe Union, is a less political and more economic organization which is consists of rough 20 countries, and increase the member year by year. Until today, it have grown about ten years and became the biggest organization of population and currency use.
Before financial crisis 2009,the economy of Europe is optimistic, but today is the day after financial crisis. Of course, EU currency is face a huge challenge already. We all know that the members of one organization are combined with rich and poor country, actually there are different powers and abilities from those members to influence the future of the team, depend on their different financial power. Nowadays, not only Greece is in a serious financial crisis , but also even Portugal, Italy and Spain are on the list of crisis countries, we name it four PIGS.
Those problems are extremely huge, but the answer are result from rich countries, for example: France and Germany, who need to offer fund to solve the crisis, either pay for one country financial crisis or stop to support that. The result absolutely is difficult to face, one is lose national fund which come from tax of inhabitant. The other in a big currency crisis, even will face to dismiss the structure of EU. What a such problem, EU must to answer.
Tuesday, June 29, 2010
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