Greek Bailout Gets A Boost

06:51

December 17, 2013

People walk in front of the Greek parliament in Athens on December 11, 2013. Greece is facing a sixth year of recession and unemployment reached 27.4 percent in September up from 26 percent in the same month last year. (Louisa Gouliamaki/AFP/Getty Images)

Eurozone finance ministers today approved another bundle of cash for debt-ridden Greece. The $1.4 billion installment was due by the end of the year. Greece has been kept afloat by the financial lifeline from the eurozone and the International Monetary Fund (IMF) since 2010.

It has already received $322 billion, but the harsh austerity measures it had to accept in order the get the bailout has left thousands without jobs. One in every four Greeks is unemployed.

The BBC's Mark Lowen is in Athens and joins Here & Now's Jeremy Hobson with details.

BBC Video: Mark Lowen report on Greece's 1 million unpaid workers

Guest

Mark Lowen, Athens correspondent for the BBC. He tweets @marklowen.

This segment aired on December 17, 2013.