A gloomy week for Germany: For the first time it faced a negative judgement by a rating agency. Does this mean the crisis has finally reached Berlin? We put that question to analyst Tobias Blattner from Daiwa Capital Markets.
Also in the programme: the Greek tragedy once more. The Athens government is trying to calm its creditors with new austerity measures – but experts say it is becoming more and more likely that Athens will have to say quit the euro.
At the same time a pledge by ECB President Mario Draghi made European markets happy.