Europe will need help with money - level 2, A11
People in Europe have to do something with their financial problems. Some countries have really big debts and they don’t know how to pay them.
Now, politicians have a new idea. They want to make a special fund. Every European country will have to send money to this fund. Other countries will have to send money too.
What do the other countries say? The USA doesn’t want to give any money. China doesn’t want to give money but it wants to invest more money in Europe. China sends to Europe a lot of goods every year, so it depends on export to Europe. If Europe goes down, it will have a bad effect on China too.
Russia is in a similar position. Russia will send 10 billion dollars because Russia also depends on export to Europe. India will also help. It will send 2 billion dollars to the fund.
Written by Danny for News in Levels
Interesting words: fund, invest, goods, depend.
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