The subject was the Greek debt crisis. Philip presented the actual interest costs of Greek debt, which are 1.7% compared to a US effective rate of 2.4%. The discussion revolved around the costs and requirements of structural reform and the need for a pro-growth agenda for Greece.
The data shown by Al Jazeera are taken from Navigator's January 19th article "Are Greece's Creditors Really Loan Sharks?"
The programme can be viewed here.
The new Greek government wants to renegotiate bailout terms, but will eurozone leaders give way to Syriza's demands?