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

Greece: Time and money is running out

Kai Ryssdal Mar 23, 2015
HTML EMBED:
COPY

Greece: Time and money is running out

Kai Ryssdal Mar 23, 2015
HTML EMBED:
COPY

The Greek government is running out of money. The country has only enough cash to last another couple of weeks.

So when Greek Prime Minister Alexis Tsipras had talks with German Chancellor Angela Merkel in Berlin today, it’s not surprising he wanted her support for financial concessions.

Germany is the largest contributor to Greece’s various bailouts, so it has a powerful voice in European negotiations. However, the relationship between the two countries isn’t going so well.

Just as the saying goes: “history repeats itself”  the two countries’ disagreement goes back to World War II.

“The Greeks have dusted down an old claim for reparations for Nazi atrocities against Greece during World War II,” says Marketplace’s Stephen Beard. “That has played very badly in Germany.”

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.