Greece's Financial Woes Continue

Tuesday, June 21, 2011

Greece's financial woes continue to teeter on the brink of collapse as they face the possibility of becoming the first Euro-zone country to default. Finance ministers gave the fledgling nation two weeks to shape up its finances or face not receiving anymore bailout money. On top of this, Prime Minister George Papandreou faces a vote of confidence in Parliament today, and the result of that could have major consequences as to which direction the country will be going.

 

For more on this situation, we're joined by Louise Story, Wall Street and finance reporter for The New York Times, and Steve Evans, BBC correspondent in Berlin. 

Guests:

Steve Evans and Louise Story

Produced by:

David J Fazekas

Comments [1]

listener

The vexing question is why has the current administration in the last two years sought to follow a clearly failed statist European model?

Jun. 21 2011 02:32 PM

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