The only help that has been offered has come in a bailout package from the EU and International Monetary Fund which was mostly distributed to banks and other big companies that owed money. This did not help any of the Greek citizens. Some examples of the everyday struggles citizens go through include only being able to take out about $50 worth of Euros per day because a lot of their ATMs are running out of cash, credit cards have to be used because of the lack of money in the bank which isn’t being paid back, factories and stores have shut down, and more and more people are being forced to lose their jobs (Jovanovic, 2015). Due to these issues, citizens and governments officials have been considering ways to help fix this problem. As a Greek citizen, I would want to do anything to get out of this situation and be able to economically be stable again. I would want the solution that is going to best give me more job opportunities. Some of the options Greece has at this point is to stay the way it is, cut their social spending like other European countries want, reduce its deficits by raising taxes like Greece wants, back off and write off debt or leave the European Union all together (O’Brien,
The only help that has been offered has come in a bailout package from the EU and International Monetary Fund which was mostly distributed to banks and other big companies that owed money. This did not help any of the Greek citizens. Some examples of the everyday struggles citizens go through include only being able to take out about $50 worth of Euros per day because a lot of their ATMs are running out of cash, credit cards have to be used because of the lack of money in the bank which isn’t being paid back, factories and stores have shut down, and more and more people are being forced to lose their jobs (Jovanovic, 2015). Due to these issues, citizens and governments officials have been considering ways to help fix this problem. As a Greek citizen, I would want to do anything to get out of this situation and be able to economically be stable again. I would want the solution that is going to best give me more job opportunities. Some of the options Greece has at this point is to stay the way it is, cut their social spending like other European countries want, reduce its deficits by raising taxes like Greece wants, back off and write off debt or leave the European Union all together (O’Brien,