Debt recovery in Uruguay may be model for Greece

Global Business

Greece’s default on its debts to the International Monetary Fund has intensified the prospect of economic collapse and an exit from the European Union. It’s a dramatic step, but other countries have done it. And one in particular has become the textbook example of how to default and emerge stronger. CCTV America’s business correspondent Owen Fairclough filed this report from Washington.

Debt recovery in Uruguay

Greece's default on its debts to the International Monetary Fund has intensified the prospect of economic collapse and exit from the European Union. It's a dramatic step, but other countries have done it. And one in particular has become the textbook example of how to default and emerge stronger. CCTV's business correspondent Owen Fairclough filed this report from Washington.


Robin Wigglesworth of the Financial Times on IMF’s role
To take a closer look at the IMF’s role in the world and it’s history, CCTV’s Phillip Yin spoke with Robin Wigglesworth, U.S. Markets Editor at the Financial Times.
Follow Phillip Yin on Twitter @PhillipTKYin

Robin Wigglesworth of Financial Times on IMF\'s role

To take a closer look at the IMF's role in the world and it's history, CCTV's Phillip Yin spoke with Robin Wigglesworth, U.S. Markets Editor at the Financial Times.


Katerina Sokou on Greek Economics
Katerina Sokou is the Washington, D.C. correspondent for Greek daily newspaper Kathimerini and a recent Knight-Bagehot Fellow in Economics and Business Journalism at Columbia University.