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Thu October 27, 2011
Protests Occupy the World
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Much has been written about the economics of the eurozone crisis — the credit default swaps, financial haircuts and bank recapitalizations. Recently, the situation has become even more precarious as the Oct. 23 deadline for a rescue plan nears. To complicate matters more, hurdles, such as Greece's economic debacle and bailout request, will take longer than a week to rectify.
But what about the countries and people who have so much at stake? Can eurozone officials rescue Greece to show they can save other countries and can, in fact, stabilize the region's banks? Is Greece worth saving? Are clashing cultures among European nations preventing a swift resolution?
This week, Global Journalist speaks with journalists from Germany and Greece to discover why a solution hasn't surfaced and what this could mean for the future relationships among European nations.