Germany approves $13 billion Cyprus bailout to stem contagion
Today Germany’s parliament approved a $13 billion rescue package for Cyprus. The overwhelming yes vote came after a warning from Germany’s finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
The BBC’s Steve Evans in Berlin joins Marketplace Morning Report host Jeremy Hobson to discuss the bailout and the mood in Europe.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
