Joseph Stiglitz on Greece debt crisis

Economist Joseph Stiglitz says Europe needs to keep supporting Greece.

Renowned economist Joseph Stiglitz says Europe needs to keep supporting Greece.

Speaking to Al Jazeera in the Ethiopian capital Addis Ababa Stiglitz said that it is in the self-interest of Eurozone and Europe to help Greece.

“Almost all the money, 90 percent of the money, that allegedly went to Greece did not go to Greece. It went to German and French banks and to the creditors,” the Nobel Laureate said.

Source: Al Jazeera