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Part 2: Stocks Rally on Greek Bailout Package

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Stock markets around the world are breathing a sign of relief, but has Europe’s financial crisis now been resolved or only postponed? In Brussels yesterday, a 2-hour meeting of Europe’s finance ministers turned into an 11-hour marathon. The result was a one-trillion dollar agreement, arrived at in time for this morning’s opening of stock markets in Asia.

Credits

Guests:
Charles Forelle - Wall Street Journal - @charlesforelle, Paul Murphy - Alphaville Editor & Associate Editor, Financial Times, Desmond Lachman - former Deputy Director of the Policy and Review, International Monetary Fund, James Galbraith - University of Texas, Austin

Host:
Warren Olney

Producers:
Frances Anderton, Andrea Brody