October 26, 2012
Will Bailouts Help Europe?
Interview with Dimitri B. Papadimitriou
CNBC, October 26, 2012. All Rights Reserved.
President Dimitri B. Papadimitriou talks to CNBC’s Rick Santelli about the failure of the bailouts in Greek and Spain, and the need for a completely different approach to the "European problem," including a broad-reaching plan to aid development in Europe’s southern tier, a banking union to insure deposits, and true fiscal union for the eurozone—because clearly, monetary union has not worked. Full video of the interview is available here.