Will the UK follow Greece’s Financial Crisis?

On May 12, 2010, in News, by admin

Some believe UK is going to follow Greece’s economic pitfall. There are several reasons, however, why UK could resist. Both countries’ deficits are scarily similar: Greece is at 13.6%, and UK—at 11.5%, as the maximum an EU member should have is 3%. Both governments are not quite clear how they plan to reduce these numbers [...]