ELIMINATION OF THE EURO-ZONE IS QUITE PROBABLE

Polish Minister of Finance warns of such scenario

Crisis of the euro-zone is the talker today. Careless attitude towards the balance of economic indices brought Greece, Spain and Portugal to the verge of bankruptcy. Their membership in the euro-zone has made the situation dangerous for the entire European Union. The EU donor-states, Germany and France, are willing to accept the burden of aiding their troubled brothers-in-arms, albeit setting forth their own conditions. Is the currency union between such economically various states possible at all and will Europe manage saving the euro and the European Union itself?

DIALOGUE WITH A LENDER: AMERICAN DIPLOMACY IS TRYING TO CHARM CHINA

Various takes on the crisis of American economy established itself a seat at the info-streams of news agencies, newspaper pages and analytical magazines all over the world. Decrease of the U.S. credit rating has produced a boomed echo at the world exchanges and made the governments of the countries that lent money to the largest economy in the world seriously pondering over their actions. The U.S. State Department has seemingly come up with a way for pacifying the most bellicose of them.