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CNNW American Morning September 16, 2011 - Vimarsana News

CNNW American Morning September 16, 2011

the most pressing issue there is greece. >> reporter: yeah. that's right, ali. what i should also mention, though is that the markets have certainly learned over the last two years this euro in crisis has gone from bad to worse. what they wish for and, then, again, what politicians deliver. what they would ultimately like to see, these leaders agreen on a bold action on a statement promising bold action like raising the euro's bailout fund to cope with countries like greece that they're still having trouble paying bills and might also like a discussion about moo mooch mutualizing. ge...

Detailed text transcripts for TV channel - CNN - 20100228:15:41:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100228:15:41:00

>> i was thinking about the blessed mon tess square, believing it was determined by the climate. is it fiscal disaster happens where the orange grows? >> there's remarkable progress in countries like spain and portugal. i think greece benefited from huge financial transfers, and frankly, they have enjoyed credit cover, if you like, in the single currency zone. they've enjoyed low interest rates and they've lived beyond their means. now is the adjustment. >> doesn't this suggest the kind of unworkable nature, one currency, but all these countries with widely different standards? >> if you don't...

Detailed text transcripts for TV channel - CNN - 20100228:18:41:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100228:18:41:00

Blessed montesa square, believe the political cultures was determined by their climate. is it fiscal disaster happens where the orange grows? >> there's remarkable progress in countries like spain and portugal. i think greece benefited from huge financial transfers, and frankly, they have enjoyed credit cover, if you like, in the single currency zone. they've enjoyed low interest rates and they've lived beyond their means. now is the adjustment. >> doesn't this suggest the kind of unworkable nature, one currency, but all these countries with widely different standards? >> if you don't have a f...