The European Central Bank has launched an unlimited bond-buying programme to lower interest rates. But there are strict conditions, including governments asking for help from the European rescue fund. In this edition of Business Weekly we will discuss that with economist Thomas Costerg from Standard Chartered.
Also in the programme: Troika troubles as the countries that have already asked the European Union strive to meet the conditions involved. And Spain struggles with rising unemployment as tourist season jobs come to an end.
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- 1Britain faces higher taxes and spending cuts after Brexit vote – finance minister
- 2Science and technology boom in Malopolska, Poland
- 3London Stock Exchange – Deutsche Boerse merger under threat from Brexit
- 4Standard & Poor’s strips UK of AAA credit rating
- 5London faces loss of big names as businesses look to beat Brexit by going abroad
Wires > Business
- 05:31 CET Suzuki Motors says Brexit to have ‘major’ impact on earnings
- 03:36 CET Porsche CEO bets big on redesigned Panamera model
- 03:26 CET Japan PM Abe urges BOJ to ensure market liquidity after Brexit vote
- 03:05 CET Sony cuts FY2017 revenue target for devices unit on weaker…
- 02:36 CET Fed’s Powell – Brexit has shifted global risks to the downside
- 01:37 CET Toyota recalling 1.43 million hybrids worldwide for air bag issue
- 00:58 CET EU Commission will do everything to prevent bank run – EU’s Juncker
- 23:52 CET Honeywell names Darius Adamczyk to succeed Dave Cote as CEO