Apr 23 2012
European Union has countries in depression – European nations of Spain, Portugal, Ireland, Greece, and Italy have severe challenges ahead with growing GDP.
The European Union is facing its toughest battle since the inception of the EU currency. Many of the nations in the EU are incredibly in debt and are pitting differing ideologies and economies against one another. Many countries like Spain, Greece, and Ireland are deep into depressions and GDP is actually shrinking in these nations. [...]