The EU and IMF have announced a rescue package for debt-laden Greece - the biggest in recent history.

They are offering 110bn euros (£95bn; $146.2bn) spread over three years - but on condition that Greece slashes public spending and boosts tax revenue.

But how did Greece it get into such dire financial straits in the first place?

Zeinab Badawi spoke to Greece's former finance minister, George Alogoskoufis.

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