Upload

Loading...

Greek Great Depression: 'Everybody going down into black hole'

25,407

Loading...

Loading...

Transcript

The interactive transcript could not be loaded.

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Aug 22, 2012

Greece is asking for more breathing space to implement financial reforms and spending cuts, which have sparked years of widespread protests.

The Prime Minister has to convince the Eurozone top brass later this week that he's done enough to receive the next bailout installment. It's worth 31-and-a-half-billion Euros, without which Greece will default and potentially exit the currency union.

The PM's expected to ask for two more years to get reforms in place. Economist Yanis Varoufakis says getting the delay will do more harm than good.

RT LIVE http://rt.com/on-air

Subscribe to RT! http://www.youtube.com/subscription_c...

Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/b/102728491539...

RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

Loading...

When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...