Video: Life or Debt: 'Greece must escape bailout prison' part of Athens on alert for Merkel first visit since debt crisis

Video Related To: Athens on alert for Merkel first visit since debt crisis

Source: Taiwan News
Athens : Greece | almost 2 years ago
Travel & Delicacy Beauty never Ends Ecological Environment Taiwan News, Staff Writer 2012-10-09 03:15 PM Police in Athens were on high alert on Monday for today's visit by German...
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Life or Debt: 'Greece must escape bailout prison'

The Greek Parliament is set to approve the country's new international bailout deal later today as more protests, against austerity measures in return for rescue funds, are planned. Athens received a second bailout this year. Combined with its first rescue package, the country stands to receive over 172 billion euros in loans from eurozone countries and the IMF. But Greece's creditors claim the country's most recent austerity measures could be 'accident prone'. Experts say the country may fail to lower its debt burden to the specified targets, later requiring more rescue loans. Greece is in its fifth year of recession, and many believe it needs to recover before debt reduction plans can have much effect. For more on this, we're joined by Attorney and Professor of Constitutional law, George Katroungalos, live from Athens. RT on Twitter twitter.com RT on Facebook www.facebook.com
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