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Embattled and Bruised, Europe Finally Inks Stimulus Plan
12 mins·08:37, 24 Jul 2020
Embattled and Bruised, Europe Finally Inks Stimulus Plan
12 mins
·
08:37, 24 Jul 2020
·
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Europe's embattled union may have finally agreed on a 750b-euro stimulus, but it brought into sharp relief the rifts between its frugal and extravagant members, reminding investors once again of its fragility.
Thorsten Beck, Professor of Banking and Finance, City’s Business School, University of London, explains.
Image source: EPA-EFE
Presenter: Khoo Hsu Chuang, Wong Shou Ning
Producer: Maryam Maznorzuhairi
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