Word: deal
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...even pondering the viability of Europe's monetary union, the situation is grave indeed. "This is a very deep crisis for the euro and all of Europe because what we have is a terrible debt and deficit problem that virtually all European nations share and no collective structures to deal with any of it," says Philippe Moreau Defarge, a European affairs expert at the French Institute on International Relations. "Europe is being forced to recognize it isn't as rich or as well-organized as it thought, and faces several long, hard years of finding its way back to solid...
...School of Economics. "The problem is that monetary union was never followed up by political union to coordinate budget and taxation practices and create euro-zone institutions and capacities to help member economies adapt to changes and turmoil. The result is member governments are left very few ways to deal with the current attack on Greek debt and the severe pressure that it's putting on the euro...
...understanding that payments would spike later on to make up for the shortfall. That allowed people to buy bigger, more expensive houses than they would have been able to qualify for otherwise. Plenty of families banked on rising incomes and an ability to sell their house as ways to deal with such loans in the long term - plans that the housing crash and recession in many cases foiled...
...mixed crowd of undergraduates and graduate students listened to Boston College Professor of Theology Lisa S. Cahill call for religious dialogue to deal more directly with today’s sexual culture...
...result, Dhaka has not registered a single refugee since 1991, and, as one of the most impoverished nations in the world, does not have the financial resources to cope with such a huge number of people. "We are a poor country and we have our own issues to deal with," says one local from Cox's Bazaar district, where the greatest concentration of Rohingyas live...