Sample Research Paper On Current Event On International Development Or Economics News

Type of paper: Research Paper

Topic: Greece, Athens, Countries, Development, Talks, Collapse

Pages: 1

Words: 275

Published: 2021/02/19

New WowEssays Premium Database!

Find the biggest directory of over
1 million paper examples!

Greece

Currently, Greece is planning to default its debts in the case of a collapse of the talks that they are having with their creditors. The predicament that Greece is in is that it needs additional funding from its creditors to pay public sector salaries and state pensions. The only leverage that Greece has is that it has decided to withhold large amounts of money running to billions in the event that no agreement is struck in the negotiations.
This current event is related to the Finance and Fiscal Policy for Development of various countries in that it shows how countries who have been bailed out try to sort out their finances in the worst case scenario. The implications for the international development organizations is that the countries that make up the Eurozone will be careful the next them that they want to bail out a country. The economy of the Eurozone would most certainly be affected however the impact cannot be quantified just yet. The markets of the Eurozone areas will be static in that no one is guaranteed in the action that Greece would take. In the long run, the inferences of this problem are that if other countries such as Spain and Italy also default, then the Eurozone might collapse.

References

Hope, K., & Barber, T. (2015, April 13). Greece prepares for debt default if talks with creditors fail - FT.com. Retrieved April 14, 2015, from http://www.ft.com/cms/s/0/c5964f9c- e1ef-11e4-bb7f-00144feab7de.html#axzz3XIKNmNLg

Cite this page
Choose cite format:
  • APA
  • MLA
  • Harvard
  • Vancouver
  • Chicago
  • ASA
  • IEEE
  • AMA
WePapers. (2021, February, 19) Sample Research Paper On Current Event On International Development Or Economics News. Retrieved September 28, 2021, from https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/
"Sample Research Paper On Current Event On International Development Or Economics News." WePapers, 19 Feb. 2021, https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/. Accessed 28 September 2021.
WePapers. 2021. Sample Research Paper On Current Event On International Development Or Economics News., viewed September 28 2021, <https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/>
WePapers. Sample Research Paper On Current Event On International Development Or Economics News. [Internet]. February 2021. [Accessed September 28, 2021]. Available from: https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/
"Sample Research Paper On Current Event On International Development Or Economics News." WePapers, Feb 19, 2021. Accessed September 28, 2021. https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/
WePapers. 2021. "Sample Research Paper On Current Event On International Development Or Economics News." Free Essay Examples - WePapers.com. Retrieved September 28, 2021. (https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/).
"Sample Research Paper On Current Event On International Development Or Economics News," Free Essay Examples - WePapers.com, 19-Feb-2021. [Online]. Available: https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/. [Accessed: 28-Sep-2021].
Sample Research Paper On Current Event On International Development Or Economics News. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/sample-research-paper-on-current-event-on-international-development-or-economics-news/. Published Feb 19, 2021. Accessed September 28, 2021.
Copy

Share with friends using:

Please remember that this paper is open-access and other students can use it too.

If you need an original paper created exclusively for you, hire one of our brilliant writers!

GET UNIQUE PAPER
Related Premium Essays
Contact us
Chat now