90%, in greece 10%. that must change. hour it is a very big, you have fundamental very important mistake to blame the greeks as being reckless borrowers and not also recognize there are reckless lenders as well. if you know that person can t repay you, that person is a reckless borrower but you are a reckless lender and therefore when it comes to fixing this both sides need to compromise. i think that s unquestionably what s holding things up and interestingly we ve begun to see a little bit of that in the last week. the imf, one of the important legs of theroika school of the creditor creditors, we have to discharge some of the greek debt. go ahead steve. here is the problem with this. first of all, i looked at the gdp statistics for greece.
roberta ramp of reuters. there you go. thanks. president obama, some congressional leaders yesterday came to a deal on fast track for trade. but it is clear that many in your party are opposed including senator schummer. are you worried your support will divide the party going into the 2016 and hurt the ability to win? do you need hilary clinton s support on this? and prime minister how confidant are you greece will reach on agreement with the creditor creditors at the end of the month and how concerned are you about the effects this could have on the global economy if a deal is not reached first i want to congratulat e the senators come coming up
the european union because there s very little chance that greece is going to find $1.7 billion it needs to repay creditor creditors. the deadline is tomorrow. that could trigger a domino effect that may end up with greece getting out of the eurozone. they re not going to use the euro anymore. they re going to go back to the old currency, the drachma, immediate massive deval you asian you yags that may drive europe and other countries down. you ve seen what happened on the stock markets today with just the banks closing out of safety because of of course there s not enough liquidity and just waiting for the outcome of this referendum. imagine what happens if greece comes out of the eurozone, doesn t use the euro anymore. they will go ballistic. this was just a little taste of it. now, what s the problem here? the problem is that the government is refusing to accept the conditions set by the creditors for a new bailout. this country bad any needs to survive just to get by everyday life.