Thread: Barroso: EU bailout fund increase to stop crisis spreading

Barroso calls for EU bailout fund increase 'to stop crisis spreading'

http://www.youtube.com/watch?v=RQmZHYL1 ... ure=relmfu

Aug 4, 2011

The head of the EU has joined the struggles to lift the region out of its financial pit, calling on yet more money to be made available to struggling economies. Jose Manuel Barroso also wants the bailout fund to be able to buy government bonds, as the major Eurozone economies of Spain and Italy face being crushed under their debt. To discuss the situation in the EU we talk to Dr. Richard Wellings from the UK's Institute of Economic Affairs.

Bailout Fallout: Italy, Spain next on Eurozone crisis 'death list'?

http://www.youtube.com/watch?v=Hh661DnE ... re=related

Aug 3, 2011

In Europe, borrowing costs for Italy and Spain surged drastically, as traders rush to rid themselves of risky investments. Crisis talks beween Italy and the EU are already underway, as its bond yields reached their highest level since the Euro was adopted. For more on the implications of this RT talks to economics journalist Patrick Young.