Five minutes with Barry Eichengreen: “We are a matter of weeks away from a Greek default unless a deal can be reached”

With no agreement yet reached between Greece and its creditors, there are doubts over whether the country will be able to make a scheduled debt repayment to the International Monetary Fund in early June. In an interview with EUROPP’s editor Stuart Brown, Barry Eichengreen discusses whether a compromise is still possible, what a default would mean for the country, and how well Europe is prepared for a potential Greek exit from the euro.