abstract:A bail handle or simply bail is a type of hooped handle used on various items. It may be used for carrying an item, such as a bucket or kettle, or for decoration.
For the last several weeks the threat from Greece has been a banking and financial crisis in Europe that could throw the entire world into recession, as Greece procrastinates and flip-flops on how it will handle the latest offer to bail it out of its debt crisis.
But Europe's bail-out fund is not big enough to handle the country next in line: Spain, the euro's fourth-biggest economy, with a GDP bigger than Greece, Ireland and Portugal combined.