With the debt clock ticking, Greece is fast running out of money. The country has ordered all state bodies to place their cash reserves in the nation’s central bank, the Bank of Greece, as it struggles to stay afloat. Greece is suppose to receive the last installment of its bailout funds from European creditors, but the country’s new leftist, anti-austerity Syriza party has expressed concerns about its terms. The creditors are reportedly pressuring the country to restructure its labor market and curtail its pension system; Syriza has instead done the opposite by increasing pension payments to lower-wage workers. On Friday, eurozone finance ministers will decide whether to release emergency funds to Greece. Without the funds, Greece may default on its debt payments in coming weeks and put its membership in the eurozone at risk. We go to Athens to speak with Greek Finance Minister Yanis Varoufakis.
Commemorations are being held today to mark the 50th anniversary of the death of Pedro Albizu Campos, popularly known to many as Don Pedro, the former head of the Nationalist Party and leader of the Puerto Rican independence movement. Albizu Campos spent some 26 years in prison for organizing against U.S. colonial rule. He was born in 1891, seven years before the U.S. invaded the island. He would go on to become the first Puerto Rican to graduate from Harvard Law School. Once he returned to Puerto Rico, he dedicated the rest of his life to the independence movement, becoming president of the Puerto Rican Nationalist Party in 1930. It was a position he held until his death in 1965. In 1936, Albizu Campos was jailed along with other Nationalist leaders on conspiracy and sedition charges. His jailing led to protests across Puerto Rico. On Palm Sunday, March 21, 1937, police shot and killed 21 Puerto Ricans and wounded over 200 others taking part in a peaceful march to protest Albizu Campos’ imprisonment. The event became known as the Ponce massacre. After his eventual release, Albizu Campos was arrested again in 1950, just days after a Nationalist revolt began on October 30. Pedro Albizu Campos would spend almost the rest of his life in prison, where he repeatedly charged that he was the subject of human radiation experiments. We hear Albizu Campos in his own words and speak to three guests: Rep. José Serrano (D-NY); Nelson Denis, author of the new book, "War Against All Puerto Ricans: Revolution and Terror in America’s Colony"; and Hugo Rodríguez of the Puerto Rican Independence Party.