New Perils Facing the Eurozone
(AP Photo/Thanassis Stavrakis)
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.
Rome Bureau Chief for the New York Times
a research fellow at the Peterson Institute and a senior associate at the Rhodium Group, a New York-based research firm.
economics reporter, The Wall Street Journal.
is an international economist and director of international programs at the Economic Policy Institute.