The Heat discusses the Greek debt crisis

CCTV News

A new poll released this week shows the outcome of this weekend’s referendum in Greece too close to call. Prime Minister Alexis Tsipras called for the vote – asking Greeks to decide whether to accept creditors’ proposals for more austerity in exchange for more loans. Greece became the first developed country to default to the International Monetary Fund when it missed the deadline to repay its $1.8 billion debt earlier this week. The bankrupt country is asking for a new two-year bailout from Europe – reportedly for $32 billion, its third in six years.

CCTV’s Filio Kontrafouri provided an update from Athens.

The Heat discusses the Greek debt crisis

The Heat discusses the Greek debt crisis

A new poll released this week shows the outcome of this weekend’s referendum in Greece too close to call. Prime Minister Alexis Tsipras called for the vote – asking Greeks to decide whether to accept creditors’ proposals for more austerity in exchange for more loans. Greece became the first developed country to default to the International Monetary Fund when it missed the deadline to repay its $1.8 billion debt earlier this week. The bankrupt country is asking for a new two-year bailout from Europe – reportedly for $32 billion, its third in six years.

The Heat began its discussion with these experts:

  • From Dublin is Dan O’Brien. He’s a chief economist at the Institute of International and European Affairs.
  • Constance Baroudos  a policy analyst and program director at the Lexington Institute – a policy research center here in Washington.
  • Economist James Galbraith. He’s a professor of government and business relations at the University of Texas at Austin.
Dan O'Brien, Constance Baroudos and James Galbraith discuss the Greek debt crisis Pt 1

Dan O'Brien, Constance Baroudos and James Galbraith discuss the Greek debt crisis Pt 1

A new poll released this week shows the outcome of this weekend’s referendum in Greece too close to call. Prime Minister Alexis Tsipras called for the vote – asking Greeks to decide whether to accept creditors’ proposals for more austerity in exchange for more loans. Greece became the first developed country to default to the International Monetary Fund when it missed the deadline to repay its $1.8 billion debt earlier this week. The bankrupt country is asking for a new two-year bailout from Europe – reportedly for $32 billion, its third in six years.

The Heat continued its discussions.

Dan O'Brien, Constance Baroudos and James Galbraith discuss the Greek debt crisis Pt 2

Dan O'Brien, Constance Baroudos and James Galbraith discuss the Greek debt crisis Pt 2

A new poll released this week shows the outcome of this weekend’s referendum in Greece too close to call. Prime Minister Alexis Tsipras called for the vote – asking Greeks to decide whether to accept creditors’ proposals for more austerity in exchange for more loans. Greece became the first developed country to default to the International Monetary Fund when it missed the deadline to repay its $1.8 billion debt earlier this week. The bankrupt country is asking for a new two-year bailout from Europe – reportedly for $32 billion, its third in six years.