Why did the US investors demand repayment of debt by Europeans?

1 answer:

5 0

Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro by enabling European governments to hide their mounting debts. As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels.

You might be interested in

Under the reign of Louis XIV, the government in France was a/an A. absolute monarchy. B. direct democracy. C. representative dem

mojhsa [17]

Under the reign of Louis XIV, the government in France was a/an A. absolute monarchy.

4 0

3 years ago

How did English kings increase their power and reduce the power of the nobles?

tia_tia [17]

One of the ways in which English kings increased their power and reduce the power of the nobles was that they "strengthened the courts"--since this allowed more of their laws and decrees to pass.

3 0

3 years ago

What best defines definition of bicameral

ipn [44]

Bicameral is the legislative body,made up of two assembly representative referred to in some called rooms

3 0

3 years ago

Read 2 more answers

Diderot's condemnation of European imperialism focuses primarily on European violation of what Enlightenment principle

Yanka [14]

Let’s make it out the mud g Fede iiauahsns mm. Kkxksksma this is truen m k 282828

3 0

2 years ago

The Three Principles of the People was the basis for the revolution that occurred in _____.

umka21 [38]

The Three Principles of the People is a concept of Sun Yat-sen, which was influential in China (this is the correct answer) . The three principles are nationalism, democracy and the livelihood of the people (well-being.)

Today, they can be found in the national anthem of the Republic of China (Taiwan).

5 0

3 years ago