Recently, the Greek financial crisis is hot issue in globalfinancial market. Actually, this crisis is not today's new topic but from 2008, the effect of globalfinancial crisis has been going on ever since. Korea also has the problem about increasing national debt affected by this crisis, so this Greek issue was concerned about in this sense. The Greek financial crisis was controlled by Greek go
crisis and non-euro zone countries
2.1 Causes of eurozone crisis and structural problems
2.1.1 Progress of the euro zone financial crisis and its causes
In the conditions of the globalfinancial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressin
globalization considers that boundaries between the domestic and the external become blurred.
2) Examples
- In Politics: The Lybian revolution in 2011
- In Society: Global efforts to solve societal problems such as infectious diseases, environmental problems.
- In Economy: 2008Globalfinancial crisis
2. Regionalization
1) Concept
- High levels of interaction within a region.
- Regionaliz
global falls in interest rates resulted in significant gaps between the fixed and floating legs of interest rate swaps. Widening credit spreads and increasing market volatility caused mark-to-market increases in the value of credit derivatives. After the crisis their percentage by 52% .Lower volatility within the financial markets, steepening yield curves in major currencies and narrowing credit
Companies which have high Free cash flow have stable financial structure.
If Companies were in expansion period or about to invest new business, they may have recorded budget deficits. Gross Cash Flow means Companies' s total cash flow in year. Gross Investment means total investment. In POSCO, except for globalfinancial crisis in late 2008 , seems nearly similar conditions. Free cash flow is