I had the intention of keeping blog posts to topics about my life and personal experiences but I feel it is important to touch on the subject of the current Euro Zone crisis. (It was only a matter of time- the Inernational Relations major in me has been constantly reading/consumed by the BBC, Le Monde, and CNN trying to keep up with this situation. I have even taken to watching live broadcast of the UK's House of Commons but that's a different story!)
For the past month or so the media has been intensely reporting on what seems like the impending “end” of the Euro. Now the BBC and CNN tend to have a more negative outlook and claim the Euro currency, as well as the European Union (EU), may crumble entirely but I think it’s still too soon to tell.
The major issues at hand are the Euro currency crisis and the UK's growing movement to distance itself, and create a path, to potentially leave the European Union.
The major issues at hand are the Euro currency crisis and the UK's growing movement to distance itself, and create a path, to potentially leave the European Union.
Here are a few sites to catch you up to speed:
On the Euro crisis' potential outcomes:
(*the Euro officially hit it’s lowest exchange rate today since this January: 1,00€ = $1.30)
On the most recent EU summit:
On the European anger towards the UK:
Genral overview:
Now, I know a lot is going on in the States but keep in mind that the EU’s economy does effect our American economy so it’s important to keep up to date with how our neighbors are doing! It’s a crazy time to be in Europe and a bit unsettling to think the EU currently stands on such shaky ground. (You can feel the tension rising!) While these troubles have been continuously growing this year here’s to hoping Europe can come together and work through this in the coming months! I'll keep you posted, my faithful readers, but really I encourage you to check out the links above!
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| Me at the EU head quarters in Brussels, Belgium October 2011 |
Word of the Post: la crise – crisis (The economic crisis is simply refered to as “la crise”)
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