What money is used to bail countries like Greece and Italy out of their debt crisis?

Tips and Deals Forums Debt Management What money is used to bail countries like Greece and Italy out of their debt crisis?

Viewing 0 reply threads
  • Author
    Posts
    • #235799
      Anonymous
      Inactive

      We hear of Greece nearly bankrupt and Italy on the verge of bankruptcy unless they are bailed out, (given moeny?).

      1) Who gives them money, the rest of EU countries that Italy will have to pay back with interest?
      2) Is the money given newly printed money or a cut from other countries money?

Viewing 0 reply threads
  • You must be logged in to reply to this topic.
Register New Account
Reset Password