Greece Bailout

Greece is following the United States’ footsteps. Greece is in need of a financial bailout. The country was supposed to receive 130 billion euro ($171 billion), but a problem arose that may lead Greece into further bankruptcy. If the bankruptcy continues, it could force Greece out of the European euro currency union. If it is forced out of the currency union this could bring down other struggling countries. The delay in the finalization in the bailout my make private investors pull out of the deal. This could make Greece miss out on 14.5 billion euro bond redemption on Mach 20.

http://www.cbsnews.com/8301-505245_162-57376380/greece-faces-further-obstacles-in-bailout-deal/