New Perils Facing the Eurozone

People read the front pages of the Greek daily newspapers at a kiosk in central Athens, Monday, Nov. 7, 2011. The leaders of Greece's two biggest parties are due to resume talks Monday to agree on who should be the country's new prime minister, after reaching a historic power-sharing deal to push through a massive financial rescue deal and prevent imminent bankruptcy. Headlines at the main newspapers Ta Nea, first left, ''At last'' Eleftherotypia, second left, ''Room-mates for harsh measures'' and Ethnos, third left, ''Historic deal for national unity.'' 
 - (AP Photo/Thanassis Stavrakis)

People read the front pages of the Greek daily newspapers at a kiosk in central Athens, Monday, Nov. 7, 2011. The leaders of Greece's two biggest parties are due to resume talks Monday to agree on who should be the country's new prime minister, after reaching a historic power-sharing deal to push through a massive financial rescue deal and prevent imminent bankruptcy. Headlines at the main newspapers Ta Nea, first left, ''At last'' Eleftherotypia, second left, ''Room-mates for harsh measures'' and Ethnos, third left, ''Historic deal for national unity.''

(AP Photo/Thanassis Stavrakis)

New Perils Facing the Eurozone

Greek Prime Minister George Papandreo has agreed to resign after ironing out the details of a new unity government. The move is expected to help facilitate a debt agreement with the European Union to save Greece from default...

Greek Prime Minister George Papandreo has agreed to resign after ironing out the details of a new unity government. The move is expected to help facilitate a debt agreement with the European Union to save Greece from default. Greece’s financial crisis has threatened to spread to other E.U. countries, like Italy. Italian Prime Minister Silvio Berlusconi is also facing pressure to resign though he says he won’t go. The IMF has agreed to monitor Europe’s third biggest economy as fears mount over Italy’s finances. Diane and her guests look at new concerns over the future of the Eurozone.

Guests

Rachel Donadio

Rome Bureau Chief for the New York Times

Jacob Kirkegaard

research fellow at the Peterson Institute and senior associate at Rhodium Group, a New York-based research firm.

Sudeep Reddy

economics reporter, The Wall Street Journal.

Robert Scott

is an international economist and director of international programs at the Economic Policy Institute.

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