The future of the European Union in the coming years

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The future of the European Union in the coming
years
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(No Transcript)
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• EuroZone or European Union seems to be in serious
  trouble. It is facing the Greek default issues
  and even the people are not making things easier
  for the EU. Greeks are much against the austerity
  programs and wish to be given what they have been
  promised by the leaders. But then, unfortunately,
  no one is putting any effort to bail out Greece
  from such situation since that would be like
  throwing up good money on bad. On the other hand,
  Greece is also running deficit each year as it
  lacks money inflows to the Grecian government in
  the form of taxes which is so much needed to run
  the affairs. Thus, Greece fails to pay back loans
  and cannot bear up the interest. But then, the
  question arises why European Union starts with
  Greece. The answer is simple. European Union
  wishes to expand and have more and more country
  under its belt. But then, Greece does not want to
  stay with the European Union. Although Euro would
  stay but EU will have an altogether different
  kind of look in the coming 5 years. When it comes
  to the future of the European Union, it will have
  a different look. But then, Euro will be the
  recognized currency no matter what is the state
  of EU.

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• To catch up with the news on EU and the latest
  updates, you can check out the various news
  websites and video channels. You can also know
  about USs policy for defeating the Islamic state
  which is posing so much danger to the US.

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• To read more news about future of the European
  Union, defeating the Islamic state, the world
  this week, world news, visit the Fair Observer.

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