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It's not over till it's over

Business Line

It's not over till it's over


It became clear this week that the eurozone’s problems are far from over, with Greece again in the headlines.

The ruling coalition of the debt-infested country has announced a snap presidential election, sparking memories of that dreaded phrase ‘Grexit’!

Recently Greece had finally achieved some signs of economic recovery while the parliament approved its first balanced budget in decades.

But all that bailout progress could now be undermined with a return to the nightmare of 2010 and 2011.

It seems the EU has learned its lessons and now Europe is much better prepared for a crisis. But it’s very important to keep in mind that the eurozone itself hasn’t recovered yet.

The European Central Bank has been desperately trying to kick-start it. But the region is waiting for some more serious tools from Mario Draghi.

All that and more in this edition of Business Weekly – watch the video

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