Tuesday, November 16, 2010

Europe Worries Debt Crisis Is Ready to Spread

By Jack Simony

European officials are warning any new rescue plans aimed at stopping Europe's debt crisis may need to include Portugal and Ireland, the New York Times reported.

For either of the countries to be included, they would have to make a formal request for assistance. Ireland has insisted it has enough money till at least spring, and Portugal, too, says they don't need the help, but European officials think otherwise.

“If Ireland were to ask for aid, then you’d have to look at what’s going on in Portugal as well,”one official told the Times.

- By Jack Simony

1 comment:

  1. I just saw your post about young people fencing. I am almost 7 years old and I fence at my school. In fact my name is Jack too. I use foil and blade.
    Jack L.
    St. Louis, MO