Greece in the European Union

1) The Greece debt

The European Union is the voluntary association of European states, in the economical and political fields created in order to insure upholding peace in Europe and favor the economical and social progress of its members. The European Union has counted among its membres Greece in 1981.

http://www.live2times.com/1981-adhesion-de-la-grece-a-la-cee-e--4614/

Greece is a country in crisis and the European Union must help it financially.

Germany is very critical because it doesn't want participate in this scheme.

But if France gives 6.3 billion euros, this will create a reduction of the Greek debt.

2) The Franco-German couple

The crisis in Greece is financially worse beacause its GDP is very weak.

The IMF got involved too as a compensation, the country had to accept the rigorous measures to reduce spending and to organise structural reforms on an economical level, up to 30 billions euros.

3) The dissatisfaction of the population

Since the beginning of the Greek crisis, the population has reduced its purchases and has felt the pressure of the crisis every day.

The country also believes the other European countries did nothing to help them financially and Greece should leave the Euro and come back to drachmes.