Europe Unifies to Assist Greece With Line of Aid

The status of the EU's economy seems to be better than it appeared when Greece first broke news of their enormous debt. It still is worrying though that such a large part of the EU is facing debt of over forty-million euros.

One of the things that popped into my mind while reading this article was that Greece just hosted the Summer Olympics in 2004. Before the Olympics their was a lot of doubt whether the Greeks could build the necessary athletic complexes needed and whether or not Athens was clean or safe enough. Maybe the biggest worry that people should have had was whether or not Greece had the money to afford those Olympics and if this fallout from Greece will make other countries rethink their plans to host major sporting events in the future. I'm looking at you South Africa, seriously though, do we really think South Africa can afford to host and build the complexes necessary for the World Cup this summer?