Sunday, October 20, 2013

U.S. Default Would Have Adverse Effect On Europe's Recovery




Audio for this story from Morning Edition will be available at approximately 9:00 a.m. ET.



 



The possibility of an American default on its debt is huge news across the continent. Europe is barely emerging from its own debt crisis. Europe's recovery rests on demand for its exports and the U.S. is by far the European Union's largest export market.


Source: http://www.npr.org/2013/10/16/235201880/a-view-from-europe?ft=1&f=1006
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