Greece's second default
- 5 years ago
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Greece's bailout programme is back on track after a radical overhaul was agreed, amounting effectively to a second Greek default. Lex's Stuart Kirk and Vincent Boland discuss whether Greece can climb out of its austerity trap and ever achieve the target debt to GDP ratio of 124 per cent.
Related Articles:
http://www.ft.com/intl/cms/s/0/f98dc4fc-38b3-11e2-981c-00144feabdc0.html
http://blogs.ft.com/brusselsblog/2012/11/new-greek-bailout-the-leaked-chart/
For more video content from the Financial Times visit http://www.FT.com/video
Greece's bailout programme is back on track after a radical overhaul was agreed, amounting effectively to a second Greek default. Lex's Stuart Kirk and Vincent Boland discuss whether Greece can climb out of its austerity trap and ever achieve the target debt to GDP ratio of 124 per cent.
Related Articles:
http://www.ft.com/intl/cms/s/0/f98dc4fc-38b3-11e2-981c-00144feabdc0.html
http://blogs.ft.com/brusselsblog/2012/11/new-greek-bailout-the-leaked-chart/
For more video content from the Financial Times visit http://www.FT.com/video