read the news carefully and then write down your opinion on the threat of greece to gain the score.
Greece faces the threat of state bankruptcy. No longer is there any illusion that membership of Europe's economic and monetary union (Emu) provides protection from harsh realities. Since it entered the euro area in 2001, Greece has sacrificed competitiveness and amassed enormous trade deficits. Theoretically, to make up the economic ground lost in less than a decade, the Greeks would need to devalue by 40 per cent. But in a monetary union, that is impossible.
.gif)
read the news carefully and then write down your opinion on the threat of greece to gain the score.