Newsweek - THE END OF THE EURO

[Alex2010]

Hello, I try to improve my English skills. I read an article in the Newsweek and I try to give a concise account of the main points.

"The end of the Euro" is written by Niall Ferguson and it is published in the Newsweek. The article describes the current situation in Europe especially Greek´s insolvent. As the article begins, Niall Ferguson focuses on all the advantages of Europe and their euro after it is launched in nineteen ninty-nine. Monetary Union would stabilize their currency and the European States could challenge the U.S. dollar.

Nevertheless Britain foresee a dangerous point: Europe left their financial policies completely uncoordinated. About eleven years after Euro´s birth the states recognize this aspect.
Maybe it is too late for this experience because other countries in the euro zone could get insolvent, too.
Italy, Belgium or Spain are potential candidates for next bailouts.
Europe tries to rescue their curreny with a gigant "rescue parachute". Seven hundred fifty million euro should stabilize the euro. Time will show.


Ich würde mich sehr freuen, wenn jemand den Text korrigieren würde.
Danke.

[joy]

"The end of the Euro" is written by Niall Ferguson and it is published in the Newsweek. The article describes the current situation in Europe especially Greece’s insolvency. As the article begins, Niall Ferguson focuses on all the advantages of Europe and their euro after it is launched from the launch of the euro in 1999 nineteen ninety-nine to this day. Monetary Union would stabilize their currency and the Europeean states could challenge the U.S. dollar. (Ich weiss nicht genau, was du hier sagen willst.)

Nevertheless, Britain has foreseen that this kind of financial policy would lead to a dangerous point: Europe left their financial policy completely uncoordinated. Only about eleven years after Euro’s birth the states recognize realize this aspect.
Maybe it is too late for this aha experience comes too late because other countries in the euro zone could get insolvent, too.
Italy, Belgium or Spain are potential candidates for next bailouts.
Europe tries to rescue their currency with a gigantic "rescue package parachute". Seven hundred and fifty million billion (Milliarde) euro should stabilize the euro. Time will tell whether or not the euro's end will happen.

Grüsse von
joy