European Union Commission President Jose Manuel Borroso believes next week will be the "moment of truth" for the Greek government. Prime Minister Papandreou is facing a tough battle to secure parliamentary backing for further austerity measures. The economic instability continues to cause ripples across the world—including here in the U.S. within the Greek-American community.
We speak to Gregory Pappas, publisher and editor of Greek America Magazine and founder of the Greek America Foundation, and Apostolos Zoupaniotis, editor of the weekly Greek-American newspaper, Greek News. They give their views on how the country could recover its reputation and what they see as the cause of the current crisis.