Support our non-partisan non-profit newsroom 💜 Donate now

Europe resists Greece’s charm offensive

Stephen Beard Feb 5, 2015
HTML EMBED:
COPY

Europe resists Greece’s charm offensive

Stephen Beard Feb 5, 2015
HTML EMBED:
COPY

This may not rank as one of the world’s most successful charm offensives.

Earlier this week Yannis Varoufakis, Greek’s finance minister, embarked on a tour of European capitals in an attempt to win support for his government’s anti-austerity policies. He also wants Greece to be allowed to renegotiate the terms of its multibillion-dollar bailout and cut its crippling debt.

The trip has not gone as smoothly as Varoufakis might have hoped. His meeting in Berlin with the German finance minister ended without agreement; they even disagreed over whether they had agreed to disagree. And after Varoufakis met the head of the European Central Bank, the bank announced that it was cutting off cheap funding to Greece’s commercial banks.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.