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The Guardian - UK
The Guardian - UK
Business
Presented by Aditya Chakrabortty and produced by Phil Maynard

The Business podcast: Greece's debt crisis and the euro

Tax rises, spending cuts, mass redundancies - the immediate future for
Greece is bleak. But as people in Athens fight back against the political consensus, has the latest bailout snuffed out a further economic crisis, or simply delayed it?

We hear from the director of an independent Greek film Debtocracy, Aris Chatzistefanou on how an economic crisis in Greece has quickly become a political and now a social crisis.

Joining him in the studio are our economics correspondent Phillip Inman and political columnist Martin Kettle.

With banks in France, Germany and the rest of Europe holding billions of euros of Greek bonds, the crisis in Athens could easily spill over into the rest of Europe. Many in Greece now feel that their living standards are being sacrificed to keep the banks in western Europe solvent, and politicians in Brussels are struggling to keep up with events.

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