Question

Why do countries such as Greece and Italy have debt problems?

Answer 1

A.
The governments of Greece and Italy have to pay for expenses such as salaries, public services, and pensions.

B.
Greece and Italy were expelled from the Eurozone and forced to switch back from the euro to their own national currencies.

C.
Because their economies were so weak, these countries had to borrow money by selling bonds that have to be repaid to investors with interest over time.

D.
Because their economies have become weak, borrowing additional money to keep their governments going has become more costly, which has made their economies even weaker.

Answer 2

I think it's between C and D?

Answer 3

A. The governments of Greece and Italy have to pay for expenses such as salaries, public services, and pensions.

Answer 4

It is because they don't know how to spend their money and they have never heard of Lars Larson show :)

Answer 5

pretty much C

Answer 6

Actually, It is D. Greece borrows and imports more than it exports and makes money, look at the Olympic stadiums from 2004, that rather set it over the bar.

Answer 7

smarty pants :P