Tuesday, 13 September 2011

Greek Debt Crisis: Is it to late?

The current financial situation in Greece is leaving investors asking if the country will go into default. For the third time in less than two year the European nation is asking for billions of dollars to pay its bills or face a possible financial collapse. Some economists say Greece entered into the European Union by presenting itself as something it wasn't and now the rest of the Euro zone is facing the possibility of  contagion spreading across the Continent if the country indeed defaults

I spoke to Charmaine Buskas, Chief Strategist at Forecast Inc., on the current situation in Greece and if its to late for the country to repair its financial problems.


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