Our generation needs an ENTREPRENEURIAL REVOLUTION.
A deal was struck in Europe re Greece debt crisis. Banks agreed to 50% cut of its exposure to Greece, effectively reducing Greece debt by l00 billion Euros, and its debt size from l60% of its GDP to only l20%. Such move apparently calmed capitall markets around the world.
Questions:
l. If you were a lender to Greece, would you agree to such a condonation?
2. Why was Greece debt allowed to balloon?
3. Does this debt reduction have an effecti on you as entrepreneur? As Philippine businessman.
For entrep students, making a comment on this is a practice on global outlook, and critical thinking. Comments are therefore encouraged
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