Their main concern is just to help a country or a

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thinking about that when they’re putting together a bailout package. Their main concern is just to help a country or a business avoid economic failure. There are many potential risks when putting a bailout loan package. In the long term, they might not be the solution to keep a country out of another economic crisis. Bailout plans shouldn’t be the only action taken to get a country out of an economic crisis. Measures should be taken to make sure that the mistakes made by Greece that caused their economic crisis aren’t made again. It will take a collective effort from all members of the Eurozone, but it is definitely an achievable task.
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Works Cited Biem, David O. “Good Bailouts and Bad.” Economists’ Voice 5.5: n. pag. The Berkeley Electronic Press . Web. 14 Nov. 2011. Botsiou, Konstantina E, and Antonis A Klapsis. “The GLobal Economic Crisis and the Case of Greece. The Economic Recession in Greece.” The Konstantinos Karamanlis Institute for Democracy Yearbook 2011 . New York City: Springer, 2011. 57-66. Cornell University Library . Web. 13 Nov. 2011. Chamley, Christophe. “Why Official Bailouts Tend Not to Work: An Example Motivated by Greece 2010.” Economists Voice 8.1: n. pag. EconLit . Web. 14 Nov. 2011. Hallerberg, Mark. “Fiscal Federalism Reforms in the European Union and the Greek Crisis.” European Union Politics 12.1: 127-142. Academic Search Premier . Web. 14 Nov. 2011. Katsima, Margarita, and Thomas Moutos. “EMU and the Greek Crisis: The Political-Economy Perspective.” European Journal of Political Economy 26.4: 568-576. Science Direct . Web. 14 Nov. 2011. Lowry, Annie. “New Greek Austerity Measures.” Foreign Policy . N.p., 4 Mar. 2010. Web. 14 Nov. 2011. < ;. Mitsopoulos, Michael, and Theodore Pelagidis. “Understanding the Greek Crisis: Unlocking the
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Puzzles of Greek Banks’ Deteriorating Performance.” World Economics 12.1: 177-192. Business Source Complete . Web. 14 Nov. 2011. “Q&A: Greece’s Financial Crisis Explained.” CNN . N.p., n.d. Web. 15 Nov. 2011. < ;. Smith, Roy C. “The Dilemma of Bailouts.” Independent Review 16.1: 15-26. Academic Search Premier . Web. 14 Nov. 2011.
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