Greek Economic Crisis

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Transcript of Greek Economic Crisis

Greek Economic CrisisLingyi Jiang

ENG403 SEC02Spring 2013

Background

Debts

Goldman Sachs

Goldman Sachs CEO Lloyd Blankfein

Member of the European Union

Impacts on the Greek Economy

Greek protestor rallying against the Greek government's debt proposals.

Impacts on the Greek Economy

Impacts on the Greek Economy

Impacts on the Public Opinion

Greek immigrant Maria Zatse reads her Greek-German dictionary in her flat in Munich, Germany

Impacts on the Public Opinion

Impacts on the Public Opinion

Research

• March 2010 – August 2012

• ProQuest and Lexis Nexis Academic

• Greek Economic Crisis

• Ten news articles

• Times of London & Wall Street Journal

Comparison

• Similarity: Pay Delays.

• Difference

Times of London: Public reaction.

Wall Street Journal: Economic effects.

Reasons for Different Perspectives

• 1. Two different types of news paper.

• 2. They have different readers.

Times of London: Europeans.

Wall Street Journal: Americans.

• 3. Readers have different interests.

Times of London: Greek’s opinion about the crisis and their future plans.

Wall Street Journal: How the crisis that happened in Europe would impact the U.S. economy.

Conclusion

• Both described and covered the topic very well.

• Times of London : Public reaction.

• Wall Street Journal : Economic perspective.

• Reader’s satisfaction.