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Detailed text transcripts for TV channel - FOXNEWS - 20150708:08:18:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20150708:08:18:00

Grim european union leaders emerged from the summit calling it the most serious moment in the history of the e.u. they've given greece until thursday to come up with a detailed bailout plan and on sunday the e.u. will meet and basically decide if greece stays in the eurozone or has to give up the euro. for his part greek prime minister tsipras claims that he presented a bailout plan. it shows you how far apart the two sides are. breath. >> grel palrks mpblgts /* /*. puerto rico's governor is upset an appeals court ruling striking down puerto rican legislation giving the municipalities the ri...

Detailed text transcripts for TV channel - MSNBC - 20150704:17:38:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150704:17:38:00

Countries out there? this past week, the greek government put in capital controls for greek citizens. if they go to atms, they can only take out about 60 euros. if you're a business trying to go deposit those checks. they're not able to do that so people aren't getting paid. so their economy is suffering right now so that could work in the creditor's favor because if spain and italy wanted to leave before, they might not want to now after seeing what's going on with greece and their economy. >> you mentioned spain and it willy. we have to talk about puerto rico. the governor says they won't be...

Detailed text transcripts for TV channel - MSNBC - 20150701:16:39:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150701:16:39:00

Crisis. tens of billions of dollars in debt and no simple solutions for the u.s. commonwealth. nbc's gabe gutierrez has the latest for us now from san juan. >> reporter: for juan carlos cabrera, the desperation is piling up like the moving boxes inside his home. >> it's been really regard really hard trying to make ends meet. >> reporter: the puerto rican economy so dire he lost his business. >> you work for a lifetime to build what you have and all of a sudden you have to start all over again. >> reporter: now his family's uprooting to florida joining a growing exodus to the u.s. mainland. go...

Detailed text transcripts for TV channel - FOXNEWS - 20150701:20:12:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20150701:20:12:00

It's believed could raise more than $1 billion a year but that is still a long way from $72 billion in debt. higher property taxes, suspension of the minimum wage and fewer teachers are other recommendations. some have compared puerto rico's situation to detroit which filed for bankruptcy in 2013. but as of right now, today, puerto rico cannot file for chapter 9 bankruptcy protection. democrat senators chuck schumer of new york and richard blumenthal of connecticut are working on a proposal to give puerto rico similar bankruptcy code options our cities have and the white house is urging congre...

Detailed text transcripts for TV channel - MSNBC - 20150701:14:50:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20150701:14:50:00

Puerto ricans wish this wasn't happening. as know puerto rico is a territory. they've got $72 billion in debt. their governor said in recent days it's simply not payable. he said the economy is in a debt spiral. why the urgency? today, this very day, the island owes a combined $2 billion of reserve and debt payments on a whole bunch of different loans it's taken out over the years. the aqueduct the high wind transportation authority, as well as bonds that can go to different funding needs. so what we know today is about half of that are en route to being paid the power authority bonds -- this ...