Africa Being Impacted By The EU Debt Crisis

Europe Crisis 'Threatens Africa' -- BBC

The finance ministers of Nigeria and South Africa have strongly criticised the European Union for failing to stop the spread of the Eurozone debt crisis.

Pravin Gordhan of South Africa and Nigeria's Ngozi Okonjo-Iweala said market volatility was threatening Africa's economic prospects.

Mr Gordhan said Europe's financial problems were reducing global trade.

Mrs Okonjo-Iweala said the EU could learn from the developing world on how to manage debt and promote growth.

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My Comment: The EU is the world's largest economy. It's crisis will effect everyone .... Africa included.

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