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To the Point

Is a "Grexit" Inevitable?

To the Point

KCRW

News

4.4583 Ratings

🗓️ 6 July 2015

⏱️ 52 minutes

🧾️ Download transcript

Summary

Yesterday's resounding "no" vote could push Greece out of the Eurozone, but there are signs of conciliation and EU leaders have yet to make any decisions. Was America's largest trading partner prepared for the worst?

Transcript

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0:00.0

Hey, I'm Josh Barrow, your new host of Left, Right, and Center.

0:02.9

Every week, join Rich Lowry, Bob Shear and Me for a contentious yet civilized debate of the week's big political stories, from ISIS to the U.S. economy to this 47 candidate presidential election we're having.

0:13.7

You can find Left, Right and Center on KCRW's iTunes page.

0:17.1

From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point.

0:25.9

Greek voters just say no.

0:31.9

Hello again, I'm Aronaldi, and this is To the Point from Public Radio International. A daily look at the issues Americans care about most.

0:38.3

After five years of pension cuts and tax increases,

0:41.0

the prospect of greater austerity in exchange for another bailout

0:44.1

was defeated yesterday by a margin of 60%.

0:47.5

Greece faces default, financial collapse, expulsion from the Eurozone,

0:52.0

and possibly from the European Union.

0:54.4

But Prime Minister Cepris calls his referendum a celebration of democracy, and for the moment,

0:59.4

EU leaders don't know what to do.

1:01.8

We'll look at possible options for America's biggest trading partner.

1:05.5

Today's talking point, the wait is finally over for the U.S. women's soccer team.

1:09.5

And American fans have a new generation of sports heroes.

1:13.5

First, here's the news.

1:19.9

Listen to KCRW's 24-hour all-news channel.

1:23.7

Stream BBC World Service, NPR and KCRW programs, continuous coverage and accessible via our smartphone app or online at kCRW.

1:38.0

Support for To The Point comes from the members of KCRW and from the Public Radio International Program Fund.

1:45.1

Hello again, Warren Alney, back with To the Point.

1:47.0

Yesterday's resounding no vote could push Greece out of the Eurozone,

...

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