VOICED : Grecia acepta duro acuerdo del Eurogrupo

VOICED : Grecia acepta duro acuerdo del Eurogrupo

Assessment

Interactive Video

Business, Social Studies, History

10th - 12th Grade

Hard

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After 17 hours of intense negotiations, Greece and the EU reached an agreement on a new bailout program. The Greek government, led by Alexis Tsipras, must implement strict economic reforms, including pension adjustments, tax increases, and privatizations. The Greek Parliament needs to approve these reforms. Greece faces an urgent deadline to pay $5.2 billion to the ECB by July 20, requiring a bridge loan from Eurozone finance ministers. This third bailout, valued between $90 billion and $95 billion over three years, allows for debt restructuring but not reduction. Since the imposition of capital controls on June 29, Greece's economy has stalled, with banks relying on ECB emergency aid.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main outcome of the 17-hour negotiations among the 19 countries?

A temporary suspension of Greece's Eurozone membership

A decision to expel Greece from the Eurozone

An agreement to start a new rescue program for Greece

A plan to reduce Greece's debt by half

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the reforms that the Greek Parliament needs to approve?

Expansion of free healthcare services

Reduction in military spending

Increase in public sector wages

Adjustment of pensions and tax increases

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when does Greece need to pay the European Central Bank to avoid further financial issues?

July 20

July 25

July 10

July 15

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is the third bailout package for Greece estimated to be worth?

Between 90,000 and 95,000 million dollars

Between 70,000 and 75,000 million dollars

Between 50,000 and 55,000 million dollars

Between 100,000 and 105,000 million dollars

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact of the financial crisis on the Greek economy since June 29?

The economy has slightly improved

The economy has been paralyzed

The economy has remained stable

The economy has seen rapid growth