Greece has been in bad debt for a while but the crisis has severely deepened in the last few days and was threatening to drag entire Euro currency down with it. While whole Europe is watching the Greece Debt Crisis closely, the issue is not escaping the attention of media in North America either as stocks worldwide are being affected. I don’t understand why all these fine countries like Iceland, Greece or Japan are going bankrupt while drug wars and murder run shitholes like Mexico, Philippines or Brazil are still hanging in there.

The Greece Debt Crisis would have affected the rest of Europe as well, but just as it seemed imminent, the leaders of the European Union stepped in and pulled Greece out of the deepest crap. But Greece will have to keep up with their half of the bargain and they have a long and hard road ahead of themselves if they want to survive. The details of the deal between the European Union leaders and Greece have not been made public yet, but both parties allege that it will help overcome Greece’s debt crises – said president of EU Herman Van Rompuy and president of European Commission Jose Barroso. Greek president George Papandreou said he’s determined to do anything to battle the crisis till it’s under control. Meantimely, schools, airports and public offices around Greece are shut as the government is trying to make a deal with public workers in strike.

Sounds like it’s great time to go on vacation to Greece. Formerly one of more expensive tropical countries with pristine beaches and rich history will likely become more affordable as result of their debt crisis. When Iceland near collapsed and went bankrupt in 2008, their currency dropped in value significantly making one of the most expensive countries in the world more affordable for travelers. I took advantage of it and had a blast in this otherwise expensive country. If Greece keeps it up, I will be heading there soon to take advantage of their destroyed economy which will be a perfect solution that works for all parties involved – Greece needs foreign money, which I will be funding my stay there with and I need to visit Greece on the cheap and get a lot out of each of my bucks spent. Perfect situation each way. Though I do wish they get it sorted out quickly so the Greece debt crisis goes away.

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