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
rod rosenstein, expected to leave the department later this month, will remain the primary liaison to the special counsel office. and now to capitol hill where the debt limit is exactly to be the the next to fight in. this after treasury secretary steve mnuchin urged lawmakers to raise the debt ceiling following his move to invoke a special debt measures to continue paying the government s bills without reaching ceiling. blake burman live at the white house with more. blake, this would be consistent in what normally do. yes, this has been done in the past. the fact it s being talked about this time and has to be taken up again is what is being talked about l-uppercase-letter. extraordinary measures, that is the term of the treasury department itself uses, because they are essentially being used to pay the nation s bills. the treasury department is not yet said when the debt ceiling needs to be raise. although the congressional budget office has suggested it would need to take place a
now the supreme court ruling could have an impact on similar suits involving costco, toshiba, and other corporate giants. today lawmakers in greece could approve a new government that was put in place last week. that along with other steps would shore up confidence about greece s ongoing debt crisis. it s a situation in which nothing is happening easily. as karen travers reports. reporter: power outages rolled across greece on monday. as workers at the state-owned electricity company began a 48-hour strike. they re protesting the government s decision to privatize the utility. the latest measure to get a handle on greece s crippling debt comes after painful budget cuts and tax increases. this man said the debt measures have taken away his smile. and robbed him of his life and children s future. but european finance ministers say the greek government has not done enough. they ve postponed handing out greece s latest loan installment, part of a $110 billion euro rescue package they