Which Way, L.A.?
Is Time Running Out on the Eurozone?
With a bigger economy than the United States, the Eurozone has the resources to avoid a break-up. But does it have the political will? With Greece imposing drastic austerity measures, Germany's parliament gave Chancellor Angel Merkel a bigger vote than expected today in support of increasing the Eurozone's bailout fund .
With a bigger economy than the United States, the Eurozone has the resources to avoid a break-up. But does it have the political will? With Greece imposing drastic austerity measures, Germany's parliament gave Chancellor Angel Merkel a bigger vote than expected today in support of increasing the Eurozone's bailout fund. We hear about the latest efforts to hold it together and the prospects for a double-dip recession worldwide.