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Episode details

World Service,08 Jul 2015,55 mins

Another Final Chance for Greece

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Another ultimatum, another summit; another week for Greece to make a deal with their creditors. Donald Tusk, the President of the European Council, insists that Sunday will be Athens' last chance and his European Commission counterpart, President Jean-Claude Juncker, says that Europe is now prepared for any outcome - with or without Greece. Within the country itself people and businesses are suffering as banks remain closed until Thursday at least, and with capital controls still firmly in place bills and suppliers are becoming more difficult to pay. The BBC's Lucy Burton reports from Athens. The markets in China took a further tumble, despite the government intervening in a bid to halt price drops. The country's main indices have seen around a third of their values wiped out in the last month. Brokers have, at the request of the government, pledged to buy about 19 billion dollars worth of stocks in an attempt to prevent further falls. We speak to John Shudworth in Shanghai. There's optimism in Vienna as nuclear talks between six world powers and Iran continue. How would you like to work for a company that offers unlimited holiday time? Our guests are Simon Littlewood, President at the Asia Now consulting group in Singapore and in New York, Mark Garrison of Marketplace.

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