Greece's Debt Crisis Deepens
European finance ministers failed to reach agreement on how to disburse Greece’s next installment of aid. The euro-zone ministers continue to meet in Luxembourg today. In a statement released early Monday, they demanded that Greece approve stricter austerity measures and reforms. The ministers also announced that they won’t decide on the parameters of a second round of aid, until July. The news was a blow to Greece’s government. In the last week, the prime minister faced public protests, a failed attempt at a coalition government, and a shake-up in his cabinet.… A discussion of Greece’s deepening economic crisis and what it could mean for world markets.
economics editor, The Economist; formerly, economist at the International Monetary Fund.
Greece's ambassador to the United States
research fellow, Peterson Institute and senior associate, Rhodium Group, a New York-based research firm.