CLEAN: France says Greek rescue to raise debt 15 bln euros by 2014

CLEAN: France says Greek rescue to raise debt 15 bln euros by 2014

Assessment

Interactive Video

Business, Social Studies, History

10th - 12th Grade

Hard

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The transcript discusses the indirect financial costs of decisions made by European governments, particularly through guarantees provided to the European Stability Fund for Greece. It highlights the impact on national debt, with an expected increase due to these guarantees. The text also emphasizes the eurozone's commitment to preventing state bankruptcies through solidarity. Additionally, it outlines the agreement among eurozone countries to reduce their deficits below 3% of GDP by 2013, with Italy aiming for 2012.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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