Latest update: 26/09/2011 

- Economic crisis - Europe - European Parliament - Greece


Is a Greek default inevitable?

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Greece recently announced new austerity measures in order to secure the payment of its next 8 billion Euro tranche of bailout money. As the country remains in recession, European leaders don’t want to hear the economists who say that a Greek default is not a matter of 'if', but a matter of 'when'. They say that would have disastrous consequences for the economy of Europe and of the rest of the world.

TALKING EUROPE

Guests:

  • Sylvie GOULARD, French MEP, Alliance of Liberals and Democrats
  • Dimitrios DROUTSAS, Greek MEP, Alliance of Socialists and Democrats

Show prepared by Marie Billon

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