You're watching...

Greeks, Politicians Still Believe in Euro

Details

  • Description

    Former Greek deputy finance minister Petros Doukas argues Greeks are still pro-European.

  • Duration 2:06
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

Here so the point is there's a lot going on -- we have more on these Greek elections right now no victory lap friend Thomas Morris the new democracy leader in Greece getting right to work on forming a new.

Pro bailout government after what was a very close election over the weekend.

Actually -- -- -- stable and 200 days since Greece has had an elected government.

And now they are trying to do what they've been trying to do for some time get some leadership to get Greece on the right -- the problem is.

The coalition government will probably want to renegotiate.

Straight away with the EU.

And the question is will the EU and especially Germany.

Be willing to -- at the conditions of austerity hear it exchange that I bailout money Angela Merkel faces a stronger election year coming up next -- she's not gonna want to spend too much.

Maybe Greece can at least buy some more time some more breathing room.

But it's -- its fifth -- possession of people here are -- ahead of the austerity.

Short time ago I managed to speak with -- -- deputy finance minister of Greece it's totally the both -- politicians -- in Greece.

And the people still believe in the Euro.

One could read -- -- as an overwhelmingly.

Pro European.

Given that people that 26 point 7% of voted for the radical left cities -- party are not radical -- -- -- just tired.

-- Party is over new democracy and -- overwhelmingly.

80% of the population here is very pro European.

And pro Euro motive and 20% is appetite.

But the question it is it is the -- -- grace we'll have to wait and see in the meantime as you've been talking about this morning.

Confidence in the Euro zone and a debt crisis still very much up in the air it particular Spain and Italy for that matter but Spain's -- -- above 7% now.

So yes Greece is still in the Euro at least for now but certainly the debt prices is no way nearer to being sold.

Guys back to you -- -- thank you so much --