Not much better in Romania, they're cutting salaries by 25% across the board to save costs. Greece is getting a big loan now though, about 18-20 billion euro for now, it'll help a little short term at least but its gonna be decades before its ever returned, if it does at all.
The World Bank is going either have to wipe a huge chunk of debt off of a lot of industrialized countries or come up with a new system to replace the monetary one (which will never happen, the market is tailored to it as we all know).
The crisis is far from over, in fact; timidness in the market, decreased product volume all over the world due to layoff's and cuts and overall laughable interest rates (yes, good for you but the banks that are already hurting in the anus aren't making any money) both commercial and residential will ensure it stays like this for a good while longer. It might even get worse before it gets better.
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