A Grim Outlook As Greece Struggles To Repay Its Debts

05:12

May 20, 2015

Greek and E.U. flags flutter in front of the prime minister's office in Athens during his meeting with top ministers on May 13, 2015. (Louisa Gouliamaki/AFP/Getty Images)

Greece has been struggling since near financial collapse a year ago. Now, a government official says the country will not be able to make an upcoming repayment to the International Monetary Fund unless a deal with creditors is reached to unlock bailout funds.

The announcement has sent the eurozone into alert mode. Here & Now's Robin Young speaks with journalist John Psaropoulos about what the announcement means in the broader context.

Guest

John Psaropoulos, independent journalist living in Athens, Greece. His blog is "The New Athenian." He tweets @thenewathenian.

This segment aired on May 20, 2015.