Alexis Tsipras: Financial Crisis in Greece Due to Broken Credit System and Poor Government Policy

Alexis Tsipras, SYRIZA, Greek Opposition Party: The financial crisis in Greece is due to a broken credit system and poor government policy and these very same issues contribute to its continued duration. It's a vicious cycle that is out of hand.

On January 22, 2012, Global Economy and Development at Brookings hosted Alexis Tsipras, the leader of the Greek opposition, for a conversation about Greece and the economic challenges ahead. Tsipras' remarks touched on themes including: economic and social prospects for his own country; the relationship between Athens and the rest of Europe, including what reforms are needed in Greece and Europe to address the crisis; and what role, if any, the U.S. can play in assisting Greece and Europe tackle their current problems.