1. Changes in the Eurozone
... not an option under the Euro. Also, Stergios Skaperdas, an economics professor from University of California Irvine, says most economists believe the best way for countries to regain economic success is to have their currency depreciate, and because the Euro represents 17 countries with varying degrees ... the United States'] economy as well." Fortunately, the United States has little to worry about regarding Greece, as it has a relatively small $1.5 billion in Greek debt. However, Sam Stovall from Standard & Poor's who was referenced earlier says that while Greece is not a direct concern...
- Word Count: 1601
- Approx Pages: 6
- Grade Level: Undergraduate