To not have greece means not just getting rid of the country of its population, its g. D. P. But to prevent us from having a country which is at the heart of our civilization. A cups are you which is not only in our history but is part of our culture. Greece is a country a friendly country that wanted to a member of the our Pine Community after years of dictate ore ship. They wanted to come not our own zone there could have building discussion on his its ability to assure this transition, its entry in the eurozone. All the democratic parties told us that greece wanted to remain in the ire ozone it could have made another choice it want today make this choice, be in the eurozone and remain in the eurozone. And our duty was to allow it to do so to inning sure that it is a choice that gives it a solution, nothing would have been worse than to maintain it in a monetary zone and not give it the conditions for its development. And that is the reason why today there has been long negotiations
Percentage point and friends u france up. Up a quarter of a percentage point. Questionable reaction at will see muted reaction overall. Today, the relief we could have a deal done. You mentioned a oil. I want to bring that across. We are seeing oil lower. Down almost two percentage points. As applied to keep going as we have a deal in iran. A day deals. Greece and potentially iran. Sanctions potentially lifted as they strike an accord. Today greece when you looking at the equity markets and the bond market. Calming down of the periphery lets go to greece with the 10 year. 11 basis points. Clearly, money going into italy and spain and the periphery of europe. That fear of contagion removed. Similar moves for spain and the haven as we saw a earlier in trading. Rises in germany and bond prices falling. Leave you with a twoyear. Where you see significant moves and shortterm debt. Off by almost one percentage point. I will send it back to you. Jonathan the euro summit has unanimously reache
Economist, lawyer, actor brainiac lets talk about whats going on here and all of this role on the part of just government meddling. What do you think . Im not worried about meddling in greece or greece at all. The entire economy of greece is the size of atlanta and while i love atlanta, if it were in trouble, i wouldnt atlanta is a highly rated city for us. Not now. We love that city. Absolutely. Look theres an old saying in the oil and gas business in texas, which is if you owe the bank a thousand dollar the bank owns you. If you owe the bank a billion dollars, you own the bank. Greece is in the drivers seat. They owe so much money, its so important we not break up the eurozone i dont know why, i dont care if they break up the zone i couldnt care less. But greece at this point owns the bank and in china, the government there is a fragile Government Military dictatorship but they cannot allow stock market crash. Too many people would be ruined. Cannot allow mass dissatisfaction because
Economist, lawyer, actor brainiac lets talk about whats going on here and all of this role on the part of just government meddling. What do you think . Im not worried about meddling in greece or greece at all. The entire economy of greece is the size of atlanta and while i love atlanta, if it were in trouble, i wouldnt atlanta is a highly rated city for us. Not now. We love that city. Absolutely. Look theres an old saying in the oil and gas business in texas, which is if you owe the bank a thousand dollar the bank owns you. If you owe the bank a billion dollars, you own the bank. Greece is in the drivers seat. They owe so much money, its so important we not break up the eurozone i dont know why, i dont care if they break up the zone i couldnt care less. But greece at this point owns the bank and in china, the government there is a fragile Government Military dictatorship but they cannot allow stock market crash. Too many people would be ruined. Cannot allow mass dissatisfaction because
Economist, lawyer, actor brainiac lets talk about whats going on here and all of this role on the part of just government meddling. What do you think . Im not worried about meddling in greece or greece at all. The entire economy of greece is the size of atlanta and while i love atlanta, if it were in trouble, i wouldnt atlanta is a highly rated city for us. Not now. We love that city. Absolutely. Look theres an old saying in the oil and gas business in texas, which is if you owe the bank a thousand dollar the bank owns you. If you owe the bank a billion dollars, you own the bank. Greece is in the drivers seat. They owe so much money, its so important we not break up the eurozone i dont know why, i dont care if they break up the zone i couldnt care less. But greece at this point owns the bank and in china, the government there is a fragile Government Military dictatorship but they cannot allow stock market crash. Too many people would be ruined. Cannot allow mass dissatisfaction because