Top German Economist 'Restructuring Greece Within the Euro is Illusory'

Europe's finance ministers plan to approve a second bailout for Greece on Monday but Hans-Werner Sinn, the head of Ifo, a top German economic think tank, warns that the money will only help international banks -- not the Greeks. He argues that Greece can only solve its crisis if it quits the euro.
Hour-glass grafitti in Athens: "After a short thunderstorm, the sun will shine again."

Hour-glass grafitti in Athens: "After a short thunderstorm, the sun will shine again."

Foto: Thanassis Stavrakis/ AP
Interview conducted by Stefan Kaiser