- Stephen Sackur
Duration: 30 minutes
August is the time that Europe usually shuts down for heat and holidays. But not this year for everyone. The Spanish Prime Minister, Jose Luiz Zapatero, has just decided his time would be better spent sweating in his office over the markets. Spanish and Italian bond yields, in other words the cost of their country's debt, have shot up to new highs. The latest, vast bailout for impoverished Greece had been supposed to settle nerves. HARDtalk's Tim Franks asks what's the answer? An acceptance that monetary union has been a mistake? Or even closer economic integration?
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.