News & Research Blog

Friday, 12 October 2012

From CQ Researcher: The Euro Crisis
Should the U.S. help ease Europe’s economic woes?

Amid Europe's continuing economic troubles, riots erupted in several nations last month, notably Spain and Greece, as citizens protested radical government efforts to cut spending and raise taxes. Rising debt has damaged the euro currency and pushed many nations into deep recession, high unemployment and widespread poverty. Some experts say Europe's economic woes are holding back economic recovery in the United States by undermining consumer confidence, exports and investments and that the U.S. government should do more to help Europe fix its problems.

• Is the euro crisis slowing the U.S. recovery?
• Would a euro collapse be as bad as doomsayers predict?
• Should the United States provide more aid to help Europe?

By Christopher Hack

Read the full report



Posted By Natalka at 3:07 PM in Category: Current Hot Topics
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