The Euro debt crisis plods on

The Euro debt crisis plods on
The Euro debt crisis plods on

The Euro debt crisis plods on

This week the finance minister of Cyprus resigned as the government begins an investigation into how the country’s economy nearly collapsed. Reports have also emerged that a company with close ties to Cypriot president Nicos Anastasiades withdrew its funds from the island right before the country agreed to a bailout plan. Meanwhile, the EU is suffering from record unemployment. We take stock of the euro debt crisis with Stephen Nelson, a political economist from Northwestern University who studies the politics of debt. (Photos: AP Images).