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ECB gets nervous about the economy

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ECB gets nervous about the economy

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Wrapping up an intense and eventful week, this edition of Business Weekly concentrates on the increasing growth worries in the euro zone. Taking into account the potential danger of another serious economic downturn, the ECB stopped its rate rise cycle, but shied away from cutting rates. Host Stefan Grobe talks about the situation with a seasoned ECB watcher, Charles Robertson, Global Chief Economist at the Renaissance Group in London. Also on the menu are the launch of the German austerity budget and the desperate situation at carmaker Saab.