I based this presentation on three articles that I found on the internet.

1. THE EUROPEAN DEBT
CRISIS
YVES DE STOMMELEIR
2FV2

2. CONTENT
• Moving parts
• Complex situation
• Warning for wall street

3. MOVING PARTS
• Financial transaction tax (FTT)
• 40 billion euros
• British already have a tax
• Withdraw money from financial system in need

4. COMPLEX SITUATION
• Straightforward solution
• Little rescuedeal parts
• Bailout fund of 1 trillion euros
• 50 % drop of the debt of Greece
• 106 billion bank bailout fund

5. WARNING FOR WALL STREET
• Michael lewis
• Wall street banks caused the great recession
• Domino - effect

6. CONCLUSION
• We need one big solution and no little plans

7. THANK YOU FOR WATCHING

8. SOURCES
• Article 1
http://www.guardian.co.uk/world/2011/oct/10/euorpean-debt-crisis-warning-us
• Article 2
http://www.guardian.co.uk/business/economics-blog/2011/oct/17/eurozone-
rescue-deal?INTCMP=SRCH
• Article 3
http://www.guardian.co.uk/commentisfree/2011/oct/27/eurozone-crisis-bailout-
deal