Manage episode 335404032 series 2952241
Welcome to Money Talks – a series of interviews with Liam Halligan, Economics and Business Editor of GB News.
In this episode, Liam talks to Gordon Kerr, a finance and debt markets specialist who has advised several European governments on the future of the eurozone.
With the European Central Bank now raising interest rates for the first time in over a decade, there are fears higher borrowing costs could tip the eurozone into recession – a region which remains of huge importance to UK trade.
Russian threats to cut off gas to Germany, and political crisis in Italy has in fact raised concerns the eurozone could once again experience the kind of turbulence when Greece was almost forced out back in 2011/12.
In this wide-ranging interview, seasoned financial markets practitioner and leading authority on the structure of the single currency, Gordon Kerr explains the tensions at the heart of monetary union and discusses future scenarios.
Hosted on Acast. See acast.com/privacy for more information.