Make up RHILAS 1

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Europe is currently in a financial deficit.Theyare in need of some type of bailout soon because if they do not come up with some type of solution than the value of a euro will decrease. As i had learned in financial literacy inflation is on the rise. if inflation happens than this will cause the value of the euro to decrease. The EU will be coming together this week to come up with some type of bailout for the entire nation. nations like Germany and france said they would have to make hard decisions about certain contries and their ability to stay away from debt. not all contries in europe agree on thier financial bailouts plans because not all contries use euros as thier currency. the United Kingdom is one of the countries trying to stay away from thgier bailout ideas. U.S treasury secretary has met with the prime minister of Italy to discuss his success in helping italy get out of deb. He also told the prime minister that the U.S would help budget the countries spending.







http://www.cnn.com/2011/12/08/business/europe-debt-summit/index.html?hpt=wo_c2

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