My Current Events

October 19th, 2011

Title: Police clash with protesters outside Greek parliament

Source: http://www.france24.com/en/20111019-new-48-hour-general-strike-begins-greece-unions-parliament-austerity-debt-crisis-sarvaricas

Who: Greek Police and Greek protesters

What: The Greek people are prosteting and are on strike because the Greek parlament voted on austerity, which rasies taxes and cuts govenment benifits (people pay more for health care, reseve less pensions -  retirement payment from the govenment, what the U.S. calles the Social Security, and cuts budgets)

When: Currently-the Greeks are protesting right now (10/19/11)

Where: Greece

Why do we care: We care because the Greek govenment owes the European and the U.S. banks a big sum of money. If the Greek banks can’t pay off the debt, it could cause harm to the U.S. economy, and it could cause the banks to fail.

By Anna Kate




  1.   jenpa1213 on October 20, 2011 7:15 am

    Wow Anna Kate that is so interesting! I never knew that! Our economy is all ready bad I hope they can pay off debt! Just one question why does the U.S. own them the money!
    Jena

  2.   annpi1213 on October 20, 2011 3:49 pm

    Jena,
    First off, thank you so much for your super nice praising comment! I really appreciate it! In responce to your question: The Greek government owes the U.S. banks a great deal of money, I think I may have made that sentance a bit confusing. I am not sure however why the Greek government owes us or the U.S. a lot of money, that would be a great thing for me to add in, I’ll try to do some more reasearch on that, add it in my blog, and get back to you on that! Anyway, thank again for your awsome comment! See you in school and next friday!
    Your friend, Anna Kate
    P.S.- Love the picture that you used for your avatar, that’s Lucy right?! Did you just upload the picture on you computer at home?

  3.   melki1213 on October 20, 2011 3:56 pm

    That was a great Current Events! I didn’t know that! The most interesting part was the “Why do we care” to me. I don’t think anyone would’ve thought to do that! Thanks for telling me!

  4.   annpi1213 on October 20, 2011 5:00 pm

    Melissa,
    Thank you so much for your praise, I read you Current Events and thought it was great! I will be commenting on it shortly! Thanks again Melissa!
    Your friend, Anna Kate

  5.   maria on October 26, 2011 2:18 pm

    That was interesting.I like how you added how it affected the U.S.

  6.   annpi1213 on October 26, 2011 4:31 pm

    Thank you!

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