After 16 Yrs, Will Greece Be The 1st Country to Stop Spending The Euro?

After 16 Yrs, Will Greece Be The 1st Country to Stop Spending The Euro?

12:09

The financial crisis in Greece is still very much in bad shape as they have only 5 days left to find a solution. Their banks have been shut for a week, cash withdrawals have been capped and every day the economic crisis deepens, making recovery even harder. 

According to reports from CNN, despite this, president of the European Council, Donald Tusk, at an emergency meeting of nations that use the euro., made it clear that their final deadline ends this week.

With this looming deadline, it seems like Greece might become the first country to crash out of the 16 year old Euro currency as the European Commission President, Jean-Claude Juncker, said he was drawing up contingency plans for a Greek exit, and for humanitarian aid for Greece.

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