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The first week of the new year has brought some interesting developments in the euro debt crisis.

The first bond auctions of January — in Germany and Portugal — went surprisingly well, suggesting that investors are increasingly confident that the anti-crisis measures will eventually work.

Host Stefan Grobe talks about the impact of this on the eurozone with Louise Cooper, financial analyst at BGC Partners in London. Also on the programme: a report that contains some good news: from the German labour market.

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