- CNTV English - CCTV News

Studio Interview with Mr. Tao Wenzhao on Greek debt crisis

05-03-2010 15:12 BJT Special Report: Europe's Debt Crisis |

Watch Video

Play Video

Studio Interview with Mr. Tao Wenzhao on Greek debt crisis

For more on the Greek debt crisis we have our current affairs commentator Tao Wenzhao in our studio. Welcome -


The Greece debt crisis can be traced back to the end of 2009, when the economy saw a huge budget deficit, of 12.7 percent of GDP. It also had rising debt levels, that reached nearly 113 percent of the year's GDP. The EU and IMF have only now agreed on an emergency rescue package. Why has the EU been so slow in responding to the crisis?


The European Commission and IMF have set many conditions for their bailout plan. They will also monitor Greece's progress and loan disbursements will be tied to those reviews. What do you think this means for Greece?

Editor:Du Xiaodan |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program