Greek Economic Crisis

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Greek Economic Crisis Lingyi Jiang ENG403 SEC02 Spring 2013

Transcript of Greek Economic Crisis

Page 1: Greek Economic Crisis

Greek Economic CrisisLingyi Jiang

ENG403 SEC02Spring 2013

Page 2: Greek Economic Crisis

Background

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Debts

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Goldman Sachs

Goldman Sachs CEO Lloyd Blankfein

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Member of the European Union

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Impacts on the Greek Economy

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

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Impacts on the Greek Economy

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Impacts on the Greek Economy

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Impacts on the Public Opinion

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

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Impacts on the Public Opinion

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Impacts on the Public Opinion

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Research

• March 2010 – August 2012

• ProQuest and Lexis Nexis Academic

• Greek Economic Crisis

• Ten news articles

• Times of London & Wall Street Journal

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Comparison

• Similarity: Pay Delays.

• Difference

Times of London: Public reaction.

Wall Street Journal: Economic effects.

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Reasons for Different Perspectives

• 1. Two different types of news paper.

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• 2. They have different readers.

Times of London: Europeans.

Wall Street Journal: Americans.

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• 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.

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Conclusion

• Both described and covered the topic very well.

• Times of London : Public reaction.

• Wall Street Journal : Economic perspective.

• Reader’s satisfaction.