There’s been talk of Greece returning to the drachma and now the European Union and Germany are said to be exploring the possibility of rescuing Spain. On this week’s first Backstory, Peter Spiegel, Brussels Bureau Chief for the Financial Times, talks about the latest developments in the ongoing economic crisis in the Eurozone.
Guests:
Peter Spiegel
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Comments [5]
While the the Germans were busy exporting and Greeks were busy importing were any of those German exports being imported into Greece? If so, did Germans benefit from what they may think of profligate spending? If so, would failure to help be a bit hypocritical?
It's not working, I don't believe him. *turning the radio down a tad*
Becky, He's just trying to inspire confidence. :)
I am trying to focus but his voice is annoying me and he is talking too fast!!!
What has been the role of the European Central Bank in the ongoing crisis? Can they provide a solution?
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