VOICED: Greece announces radical measures to rein in debt

VOICED: Greece announces radical measures to rein in debt

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Prime Minister George Papandreou warns of Greece's rising public deficit, projected to reach 12.7% of GDP. He aims to reduce it below 3% by 2013 through public spending cuts, though the specifics remain unclear. The EU criticizes the lack of detailed plans, urging Greece to stabilize its finances quickly. Papandreou's challenge is to convince both domestic and international stakeholders that his strategy will resolve Greece's financial instability.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the public deficit forecast for Greece this year according to Prime Minister George Papandreou?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures does the Prime Minister propose to reduce the public deficit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What criticism did the EU have regarding Greece's financial plans?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

By when does Athens promise to provide more concrete measures for the public finances?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the biggest task for Prime Minister Papandreou in convincing the public?

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