Peter Bofinger, economic adviser to the German government and professor at the University of Wuerzberg, discusses the prospect of a possible Greek euro exit, confidence in the region's banks and austerity measures.
He spoke May 17 with Bloomberg Television's Harsha Subramaniam in Mumbai. (Source: Bloomberg)
00:00 Greek austerity; contagion risks; bank funds 06:06 ECB loans; "blame" on politicians; firewalls 09:07 Growth versus austerity; Spanish banks; ESM
Running Time: 11:22