A Greek bailout is inevitable

Prof David Myddelton speaks to Al Jazeera

With rumours spreading that Greece may be preparing to exit the eurozone, Prof David Myddelton, Chairman of the IEA Trustees, speaks to Al Jazeera and says that is only a matter of time until it defaults on its debt, but that a potential exit from the eurozone owes far more to political considerations rather than economic ones.

Watch here.