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Wednesday, April 4, 2012

Europe Economy may revive by 2012 end

Pizza solution to save Greek from bankruptcy
Recently in a International economic competition a 11 year Dutch given a best Pizza solution to save Greece from bankrupt.

He suggested that all the people in Greece should convert their Euro in nearest bank by local currency. Return all Euro to banks. Then Bank will give these all Euro to Greece Government. After this Government have a pizza size collection of Euro. Now Government return bank all his debt to other nation like a slice from Pizza.
              As per Jean-Michel Six, Standard & Poor’s EMEA chief economist  Europe may out of recession by 2012 end or by 2013 start.A gradual demand from developing economy may help developed nation to restructure their debts and get more time to pay and stand by own.