July 13th, 2015
Episode 220 of 556 episodes
A group of high profile economists wrote an open letter to German Chancellor Angela Merkel saying "right now, the Greek government is being asked to put a gun to its head and pull the trigger." Greece then came very close to pulling that trigger when it went to Brussels with a suite of suggestions that many saw as ‘capitulation’, betraying the previous week’s ‘no’ vote in the referendum. But of course since then, Europe has come back with even harsher conditions attached to a bailout, which amount to Greece having to surrender their fiscal sovereignty to Europe. What does the near future hold for Greece and the former Finance Minister?