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Southern european nations spain and portugal are also showing signs of recovery that s especially good news for the e.u. single currency. since january of this year the euro has risen to around fifteen percent against the dollar landing most recently around a dollar nineteen so is it all rosy not quite says the european central bank while things are improving economic with remain italy s fragile banking sector is a big concern on public debt in the country is high. should europe s third largest economy find itself on shaky ground the euro would be likely to suffer it too. all right for more on the health of the european single currency and the economies that belong to it i m joined by holger schmieding chief economist at berenberg bank sometimes in london sometimes here in berlin today you re here berlin good to have you with us so let s just pick up on what we heard in the end i mean the european ....
Data shows there is life in the old dog yet. years of recession on three bailouts if there was ever a poster child for europe s economic crisis it was greece but now the country s fortunes appear to be turning around growth is returning and borrowing costs to fall in. southern european nations spain and portugal are also showing signs of recovery that s especially good news for the e.u. single currency. since january of this year the euro has risen to around fifteen percent against the dollar landing most recently iran to dollar nineteen so is it all rosy not quite says the european central bank while things are improving economic with remain italy s fragile banking sector is a big concern and public debt in the country is high should europe s third largest ....
Fortunes appear to be turning around growth is returning and borrowing costs of fall and. southern european nations spain and portugal are also showing signs of recovery that s especially good news for the e.u. single currency. since january of this year the euro has risen to around fifteen percent against the dollar landing most recently iran to dollar nineteen. so is it all rosy not quite says the european central bank while things are improving economic with remain italy s fragile banking sector is a big concern and public debt in the country is high should europe s third largest economy find itself on shaky ground the euro would be likely to suffer too. all right for more on the health of the european single currency and the economies that belong to it i m joined by holger schmieding chief economist at berenberg bank ....
Bailouts if there was ever a poster child for europe s economic crisis it was crease but now the country s fortunes appear to be turning around growth is returning cunt borrowing costs to fall in. southern european nations spain and portugal are also showing signs of recovery dr especially good news for the e.u. single currency since january of this years the euro has risen to around fifteen percent against the dollar landing most recently iran to dollar nineteen so is it all rosy not quite says the european central bank while things are improving economic with remain italy s fragile banking sector is a big concern and public debt in the country is high should europe s third largest economy find itself on shaky ground and the euro would be likely to suffer too. so for the latest on the euro let s cross over to calmer bosun in frankfurt current ....