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Ron Johnson: “The first bailout was in 2010, so it took 10 years.”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 19:00

Now I think there are reports that they weren't exactly forthright in exactly what their financial situation was, but they weren't anywhere near in this deep trouble. Correct. In 2001. So I just kind of want, you know, The first bailout was in 2010, so it took 10 years. But again, this is only 15 years in the making here. Do you have anybody have any willing to just kind of go through the history from 2001 and kind of quick walk us through exactly what happened? (19:00–19:04)

CLAIM

States that Greece's first bailout occurred in 2010, ten years after joining the Eurozone.

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