Friday, 23 September 2011


World economy is sick and in bad condition. Recession is knocking at the door of Europe. Now condition of USA is little better than Europe. Greece economy is in critical condition. European leaders are unable to find solution of problem.
People in Greece are on road and protesting policies of state. In this week most European index almost lost 4%. IMF is trying to find solution of problem but it is very difficult. These conditions have arisen questions on success of common currency. There is one relief , crude oil is going down. This may help economy.
Problem can not be solved in 1or 2 years , it needs much more time and strict policies for many years.