Im stephen sackur. Greeces debt crisis and economic collapse used to be headline news, not so much any more. But does that mean the country is in recovery . Not if you ask your average greek. Almost half of all young people are jobless, the elderly continue to see their pensions cut, austerity bites deeper with every new release of european bailout money. My guest is greeces economy minister, dimitri papadimitriou. Is there any way out of the hole greece is in . Dimitri papadimitriou, welcome to hardtalk. Thank you very much for having me. There you were at the end of last year, enjoying your post as a highly respected academic economist in the united states. You were plucked from that into a senior ministerialjob, the economy minister in athens. Do you regret taking thatjob, given what has happened in the last six months . Actually, i dont. I think its an important challenge. I cherish the opportunity to serve my country and i think i can do some good. And therefore, over the last sev
Im stephen sackur. Greeces debt crisis and economic collapse used to be headline news, not so much any more. But does that mean the country is in recovery . Not if you ask your average greek. Almost half of all young people are jobless, the elderly continue to see their pensions cut, austerity bites deeper with every new release of european bailout money. My guest is greeces economy minister, dimitri papadimitriou. Is there any way out of the hole greece is in . Dimitri papadimitriou, welcome to hardtalk. Thank you very much for having me. There you were at the end of last year, enjoying your post as a highly respected academic economist in the united states. You were plucked from that into a senior ministerialjob, the economy minister in athens. Do you regret taking thatjob, given what has happened in the last six months . Actually, i dont. I think its an important challenge. I cherish the opportunity to serve my country and i think i can do some good. And therefore, over the last sev
risks. he has lent an enormous amount of money but only on very secure basis. but some other chairmen of the fed could use section 133 in the future. country blame the existence of that section on this bill, but this is a bill that can cut back the bailout powers of the executive branch. let me bring newt conversation, dana. based on your reporting, the change that congressman sherman outlined that coxman dodd agreed to, that would be the sticking points of republicans in the negotiation, mr. president, down the get one of our votes let alone 10, 12, 15 of our votes. is that going to be enough? there is a lot of issues. that is a big issue. you heard mitch mcconnell, the republican leader talking about the fact that there still are taxpayer bailouts in this bill this whole issue of the fdic, meaning you and me, the taxpayer being on the hook for creditors was still a big issue. we feel that that was pretty much taken care of.