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BizDaily: Grexit Inevitable?

February 9th, 2015

Episode 153 of 674 episodes

Greece and its creditors appear increasingly at loggerheads over a new deal for the eurozone's most troubled economy. As the new Greek prime minister repeats his anti-austerity rhetoric, the former Fed chairman, Alan Greenspan, says a Greek exit from the eurozone is becoming inevitable. We debate the issues with Frances Coppola, the independent financial commentator, and Thanos Vamvakidis, a senior strategist at Bank of America Merrill Lynch, and formerly an economist at the IMF. And Lucy Kellaway of the Financial Times reflects on the growing trend these days to resort to social media to pour praise on outgoing company bosses. Is all this flattery a little unsavoury, especially when those uttering it are themselves contenders to replace the man in charge?

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