Why do you countries such as Greece and Italy have debt problems?
I'm sure there are many reasons and opinions for this sad performance. In my opinion this was caused by both of those volatile countries never having stable,long term governments since WW2.
Greece Portugal Malta Spain
Because their economies have become weak, borrowing additional money to keep their governemtns going has become more costly, which has made their economies even weaker
All countries have some sort of debt.
The Euro bond market is the market for bonds in the European Union. Basic right? Bonds are another name for debt, usually sovereign debt (national or municipal debt). The European Union can either represent 27 countries in Europe or the fewer countries which adopted the Euro as their currency. Essentially the Euro Bond Market is government debt issued in Euros covering any of the participating countries (Germany and France or even Greece and Italy).
Some countries in the EU (Greece, Spain, Italy, Portual and Ireland) have a national debt so high, that no one is willing to lend them money anynmore, or only at huge amounts of interest. Because these countries spend more than they earn, they need the money to keep the country from going bankrupt.
Greece is currently facing economic debt crisis balance of payment deficit unemployment high inflation
In 2011, Greece's national debt was $488 billion and the country was undergoing austerity measures to repair the countries poor economic condition.
LDC debt crisis is where countries can't meet their global financial obligations thus the country is bankrupt. Greece is now in its 5th year
Took action when Latin American countries had debt problems
It became more involved in the debt of Latin American. Took action when Latin American countries had debt problems
Yes, most of Europe is in immense debt. However, there are some countries with no or little problems at all. For example, Liechtenstein has no doubt, period. Another example is Russia, who is only in 33% debt.
THEY WERE IN GREAT ECONOMIC CRISES AND HAD OWED A LOT OF DEBT TO OTHER COUNTRIES AFTER ww1.
their independence movement had put them in debt and with upcoming problems like natural disasters that had destroyed a lot of property many countries were deep in debt so they hung onto Europe for support and borrowed the money they needed
their are 192 countries and a very large percentage are developing countries that are in debt.
third world countries which are in debt to countries which have more money and material. Third world is when devolving countries are in debt. countries like Africa which have no money or materials .
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
The biggest was debt, debt and more debt!
first, the articles gave all the power to the states, making them 13 individual "countries" thus preventing them from solving problems i.e. debt.
Debt problems in the UK are rampant in both the consumer and the government financial arena.In 2013 the UK's debt status was downgraded. Although the government has it's own problems with debt, it has several services and financial management plans available to the public to help with personal debt.
List of countries by external debt http://en.wikipedia.org/wiki/List_of_countries_by_external_debt
not at the moment as they are in a debt crisis
Grapes (No wonder they defaulted on their debt.)
Greece and Portugal.
I really highly doubt it.. America's in enough debt as it is. They can't be bailing other countries out when they need all the money they can get right now.
There are only five countries that do not have any national debt. The countries are Brunei, Liechtenstein, Palau, Nieu, And Macau Of China.
Because their economies have become weak, borrowing additional money to keep their governments going has become more costly, which has made their economies even weaker. ------------------------------------------------------------------------------- Fundamentally they have, for over 10 years, been spending (government spending) more on public services than they have been raising in tax revenues. They have fueled their society on borrowed money and now the Greeks they say they will not pay what they owe back. The other countries in… Read More
Manchester United are currently having no notable debt problems.
By GDP, the five poorest European countries are San Marino, Andorra, Montenegro, Monaco, and Liechtenstein. By GDP per capita, the five poorest European countries are Moldova, Georgia, Armenia, the Ukraine, and Albania. The five European countries with the most debt (total) are the United Kingdom, France, Germany, Italy, and the Netherlands. The five European countries with the most debt (ratio, compared to GDP) are Luxembourg, the United Kingdom, the Netherlands, Belgium, and Monaco.
i think its Greece when compared to their GDP
On the subject of alternatives to consolidating loans while facing debt problems, it may be worth the effort to consider getting oneself into some form of debt settlement.
Christians can find solutions to college debt problems from the christianity today website. Alternatively you can read articles on the dailykos website to inform you about college debt solutions.
As richer countries are going in to debt, Ghana will not be able to borrow money as there will be none to spear. hope this helps xxx
Mark Antony, although a Roman noble, was an impoverished one. He had debt and money problems for most of his life. Mark Antony, although a Roman noble, was an impoverished one. He had debt and money problems for most of his life. Mark Antony, although a Roman noble, was an impoverished one. He had debt and money problems for most of his life. Mark Antony, although a Roman noble, was an impoverished one. He had… Read More
more than westlifes singer shane filan
There are several problems in Africa today which have a political route. Africa is a big place made up of 57 countries and not all share the same problems. Some countries are very sorted and some have very serious problems. The most striking problems that wave political solutions include war, debt and corruption. This has a knock on effect to things like stability, food production, health and education that many countries elsewhere consider a basic… Read More
no national debt.
because either they are in debt to that country already or the country they help will be in debt to them after they halp them. Hope That Helps
italy, monaco, or china
Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the… Read More
debt consolidation or debt negotiation
Debt consolidation is for people with debt problems, and who want to lower monthly payments. Debt consolidation is also good for people who want to pay all creditors at once.
The answer is yes but it will depend on the amount of debt you have. A lot of countries have agreements with each other to make it possible for debt to be recovered
Gonwanaland Isle of Man :D
yes Australia had a debt after the war just like most countries do
I know factually who holds our biggest debt; that would be China
It is what we owe other countries.
As of Tuesday November 2nd 2011, CNN reports that Greece owes $455,000,000,000 in debt if all loans are not repaid through Bankruptcy. That would mean about 130 million Euros twice paid to cover all costs owed.
The Roosevelt corollary to the Monroe Doctrine, prohibited European countries who had lent money to Latin American Countries from invading them to collect the debt. It also gave the United States the right to intervene and settle the economic problems of countries in the Caribbean and Latin America.
In most countries, being in debt (or rather being unable to repay debt) is not a crime, you cannot be arrested or imprisoned for it.