英国论文代写价格:欧元债务危机
英国论文代写价格:欧元债务危机
在欧盟形成有很多条约的签署。形成之前欧元流通的主要货币是德国称为德国马克。当欧元形成主要DM的强度,因而世界看着欧元作为新DM。
与单一的共同货币欧元的形成,国家如西班牙、意大利、葡萄牙、希腊和爱尔兰受益。主要原因是利率。欧元存在之前这些国家不得不借钱作为更高的利率不同的货币,如果像德国这样的国家不得不向其他国家借钱的利率高。
然而后形成的欧元,他们开始借钱欧元,因此能够得到钱以较低的利率在利率与德国相似。德国是欧元区中表现最好的国家之一,因此不得不支付更低的利率借贷。
随着利率低的国家的公民开始大量借贷。希腊的领导人可以说是借款金额。希腊的政客和政策制定者开始一个巨大的社会支出计划;在这个他们大量补贴的公共服务。他们继续这样的疯狂,他们忘记了经济学的情况。
英国论文代写价格:欧元债务危机
During the European Union formation there were lots of treaties signed. Prior to the formation of euro the major currency which was in circulation was that of Germany known as Deutsche Mark. When the euro came into existence it mainly had the strength of DM and thus world looked at euro as the new DM.
With the formation of single common currency euro, countries like Spain, Italy, Portugal, Greece and Ireland benefitted. The main reason was the interest rates. Prior to euro being in existence these nations had to borrow money as a higher interest rate as there was different currencies and if the nations had to borrow money from other nations like Germany the interest rate would be high.
However post the formation of the euro currency they started borrowing money in Euro and thus were able to get money at lower interest rate at rate similar to Germany. Germany was one of the best performing nations in Euro zone and hence had to pay lower interest rates on its borrowing.
As the rates were low the nations as well as the citizens started borrowing heavily. Greece can be said to be the leaders in the borrowing amounts. The politicians and the policy makers in Greece started a huge social spending program;in this they subsidized large number of the public services. They went on such spree that they forgot the economics of the situation.
With the formation of single common currency euro, countries like Spain, Italy, Portugal, Greece and Ireland benefitted. The main reason was the interest rates. Prior to euro being in existence these nations had to borrow money as a higher interest rate as there was different currencies and if the nations had to borrow money from other nations like Germany the interest rate would be high.
However post the formation of the euro currency they started borrowing money in Euro and thus were able to get money at lower interest rate at rate similar to Germany. Germany was one of the best performing nations in Euro zone and hence had to pay lower interest rates on its borrowing.
As the rates were low the nations as well as the citizens started borrowing heavily. Greece can be said to be the leaders in the borrowing amounts. The politicians and the policy makers in Greece started a huge social spending program;in this they subsidized large number of the public services. They went on such spree that they forgot the economics of the situation.
