Posted by & filed under Economic Analysis, Governments & Regulators.

Description:  Facing massive national debts, some European nations are planning to cut spending even as unemployment continues to rise.

Source: CNNMoney – video report
 
Date: 02/05/2010

Link: http://money.cnn.com/video/fortune/2010/02/05/f_sl_euro_default.fortune/

Questions for discussion:

  • What is the connection between the economic problems in Europe and the Euro?
  • How is the economic and financial crisis in Europe different from the US experience?
  • Can Europe grow its economy sufficiently to solve the financial crisis today?
  • Is a currency devaluation likely?
  • How should financial managers deal with the possibility of a currency devaluation?

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