Backstory: Europe’s Shaky Economy
Thursday, December 09, 2010
Last week, the European Union voted to help bail out Ireland’s government, hoping that it would help calm the markets. Matthew Bishop, the U.S. Business Editor and New York Bureau Chief for The Economist, explains whether the EU has succeeded, has helped stabilize the markets, and why investors continue to be worried about Spain, Portugal and Italy. Plus, a look at what the current crisis means for the future of the Euro.