Detailed text transcripts for TV channel - CNN - 20100502:17:50:00
To go easy on the greeks. what happens next? in all likelihood germany and other major european powers will have to put up much more money. greece will get a bailout but will have reforms, if that doesn't work, for the first time, one could imagine a country abandoning the uroor being kicked out. the crisis has highlighted the decision to create the euro, many countries locked into one currencies. europe has been hesitant, divided and underresourced. now, during america's financial crisis, washington put all its messiness and all its flaws to a swift and used overwhelming power. whenever you'r...
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