CLEAN: European stocks slide before Greece talks

The video discusses the ongoing Greek crisis and its expected continuation. It highlights Merkel's pro-Europe stance and her efforts to support Greece while maintaining strict policies. The economic challenges faced by Spain and Italy are examined, emphasizing the potential for contagion. The ECB's role in crisis management is discussed, noting its limitations. Finally, the video speculates on the eurozone's future, arguing that the costs of a breakup would outweigh the current recession costs.

What is Angela Merkel's stance on the eurozone project?

• She is indifferent to it.

• She opposes any form of support for Greece.

• She wants to dissolve it.

• She supports it but with conditions.

Why is Spain considered crucial in the current European crisis?

• It has no impact on the eurozone.

• Its failure could lead to a wider crisis involving Italy.

• It has the largest economy in Europe.

• It is the only country receiving ECB support.

What role does the ECB play in the European crisis?

• It has no influence over the crisis.

• It can end the crisis immediately.

• It is responsible for the crisis.

• It can quickly act to manage the crisis.

What is the central expectation regarding the euro in the next 12 months?

• The euro will be replaced by a new currency.

• The euro will remain intact.

• The euro will only be used in Germany.

• The euro will be dissolved.

What is considered more costly than the current recession in Europe?

• A bailout of Greece.

• A breakup of the eurozone.

• A new economic policy.

• Austerity measures.