The Daily Bell's Anthony Wile appeared on Russia Today television to discuss the Greek crisis that is setting Europe ablaze with talk of a euro default and a split in the European Union.

The Eurocrats have put a great deal of pressure on the Greek Prime Minister to cancel his "shocking" call to allow the Greek public to vote on whether or not the latest EU bailout.

George Papandreous's announcement sparked chaos on world markets and even came as a shock to Greeks themselves, with pro-bailout MPs calling for his immediate resignation.