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Rarely have markets anticipated bad news for an entire week: another disappointment stemming from another EU crisis summit.
But then – relief as eurozone leaders agreed to take emergency action to bring down Italy’s and Spain’s spiralling borrowing costs and to create a single supervisory body for banks.
Host Stefan Grobe analyses the summit with Simon Denham, CEO of Capital Spreads in London.
Also in the programme: how a scandal at Barclays has turned into a management crisis and the troubles of banks in Cyprus.
More about: Economic growth, EU Summit, European economy, EurozoneCopyright © 2013 euronews
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