Causes of the European debt crisis historian Robert Skidelsky added that it was indeed excessive lending by banks, not deficit spending that created this crisis. Government's mounting debts are a response to the economic downturn as spending rises and tax revenues fall, not its cause. Either way, high debt levels alone may not explain the crisis. According to The Economist Intelligence Unit, the position of the euro area looked "no worse and in some respects, rather better than that of the US or the UK." The budget deficit for the euro area as a whole (see graph) is much lower and the euro area's government debt/GDP
According to Greta Kevin Chambers's home on Ocean Pathway in Ocean Grove was leased for the film production. Chambers had moved out of his home while the film crew rearranged and completed filming there. On October 13, 2007, film crews shut down the train station in Bradley Beach for shooting. The film finished full production in mid November 2007. Later in May 2008 scenes were re-shot. The film name was changed to "According to Greta" for the US release, although shown earlier as "Greta" in an L.A. screening. "According to Greta" had a limited release in theatres across the United States on December