05/06/10
We are talking about Greece,
which has become the poster child
for a bad behavior
scolded by its neighbors.
But more importantly,
it has the world teetering
the entire economy.
For more than a generation,
Greece has been lax over
its spending,
paying out salaries
on the government dime
with huge holiday bonuses.
Paying employees as if
they'd worked 14 months a year.
Greece is now drowning in debt,
desperate for a bailout
from its European neighbors,
who are asking, "Why should we
pay for your mismanagement?"
Now there is a big bailout package
in the works
because many economists warn
if Greece is not helped,
it could drag down
the entire European Union.
The fear is a domino effect,
not only throughout Europe
but also into the United States,
and if Europe goes down,
it's going to affect
our economy as well.
悪のシンボルとなり
周辺国に責められるギリシャだが―
もっと重要なのは
世界経済に与える影響だ。
長いこと
歳出管理がずさんだった。
公務員には
多額の休暇手当と―
1年に14か月分の給料が出た。
今や債務におぼれ
周辺国の援助が不可欠。
欧州も“尻ぬぐいは御免”だが―
救済計画は進んでいる。
このままではEU全体が
引きずられてしまうからだ。
欧 州だけでなく米国へも
連鎖反応が及ぶおそれがあります。
