24‚ 2010 THE debt crisis that caused Greece to ask for an international bailout on Friday has been attributed to many things‚ all economic: Greece’s budget deficits‚ its lack of transparency and its over-the-top corruption‚ symbolized by the words “fakelaki‚” for envelopes containing bribes‚ and “rousfeti‚” political favors. But there is a deeper cause for the Greek crisis that no one dares mention because it implies an acceptance of fate: geography. Greece is where the historically underdeveloped
Premium Europe Romania Eastern Europe
Euro Crisis- What went wrong in the Eurozone? The euro was launched in 1999 and the idea was to reduce trading costs‚ boost tourism‚ and smooth the economy. However‚ instead of running a budget deficient‚ most governments spent more than they were earning. Many countries such as Spain‚ Ireland‚ Portugal‚ UK and worst hit was Greece have plummeted into debt gradually since then‚ and if lenders do not believe that countries can pay back their debts interest rates will begin to soar and borrowing will
Premium Euro European Union Greece
During American Revolution Sir Guy Carleton‚ the 1st Baron Dorchester was one of the British military leaders. He was the governor of Quebec and he helped Canada’s growth into a united‚ self-governing country. He was born to a Protestant military family on September 3‚ 1724‚ at Strabane‚ county Tyrone‚ Ireland. He had two brothers (William Carleton and Thomas Carleton) and one sister (Connolly Crawford). Carleton seems to have had a mysterious childhood. At the age of 14 his father died and his mother
Premium England American Revolutionary War American Revolution
Greece during a crisis. Evaluation or actions made by government. Since late 2009‚ Greece has been submerged in a financial crisis unprecedented in its modern history. During this time‚ Greece has implemented structural adjustment policies of cutting social expenditures and raising taxes. This has been accompanied by a dramatic attempt to reform of Greece’s economic system in the image of neoliberalism through liberalization and deregulation measures. Additionally‚ Greece has embarked on a
Premium European Union Euro Economics
Spain Distribution channels A. Distributing a product * Evolution of the sector The distribution market in Spain is very focussed and specialized.. In 2005‚ the turnover from retail trade increased to 194 billion Euros which was an increase of 5.6% compared to 2004. Some Autonomous Communities impose restrictions for the establishment of superstores and shopping centers. * Market shares Distribution in Spain is still characterized by a large number of retailers and traditional stores
Premium Marketing Management Customer service
A.P. Euro 11/14/2012 7. Analyze the aims‚ methods‚ and degree of success of the Catholic Reformation (Counter Reformation) in the sixteenth century. In the early 16th century the Protestant Reformation had happened and made the popularity of Catholicism to decline. In response to the Protestant Reformation the Catholic Reformation was issued to reestablish the power and popularity of Catholicism and the Roman Catholic church. The Catholic Reformation created new societies‚ while
Premium Catholic Church Council of Trent Protestant Reformation
Classical Greece and Hellenistic Greece have a lot of differences. They have differences in time as the classical Greek‚ or‚ Hellenic period was the time before the death of Alexander The Great. Some of them are the studies of philosophy‚ literature‚ art‚ science‚ and religion. As a result of Alexander’s campaigns‚ the Greek world was forever changed after his death in 323 BCE. Alexander’s campaigns had brought the Greeks into contact with a number of Asian cultures‚ and Alexander had wanted
Premium Alexander the Great Ancient Greece God
It tells us about what happened in the past and why it happened‚ as well as an outlook on human affairs. People usually study history to learn about past events and to build upon them. These events could be either negative or positive and play a significant role in peoples’ lives. Colonization of North America played an important role in shaping lives of indigenous people. The colonizers were Euro-Americans such as‚ Britain‚ France‚ Spain and Portugal. The history of colonization of North America is
Premium North America Colonialism United States
The city of romance‚ the city of water or better known as Venice‚ Italy. Why should someone visit Venice? The better question is why anyone wouldn’t want to visit Venice? It is supposed to be one of the most beautiful places on earth. Venice has many attractions to bring the masses to her doors. Doge’s Palace‚ Gondola’s‚ Rialto Bridge‚ Canal Grande‚ carnival time‚ fresh markets‚ art museums and so many more places and things to see. Venice sits in an archipelago (a group of small islands) and all
Premium Venice
not incite violence. But why do universities feel as if they could take away free speech from individuals? This is why free speech zones are a necessity and should be allowed on college campuses. Free speech zones are important because they allow us to exchange ideas‚ they allow us to make the school more conductive academically and socially Free speech zones are important because they allow students to exchange ideas in
Premium First Amendment to the United States Constitution Freedom of speech Supreme Court of the United States