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.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.