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Business Daily

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The daily drama of money and work from the BBC.

Business Daily: Germany's credit rating

Germany's credit rating

09/08/2011

BBC World Service - Business Daily, Germany's credit rating

Could Germany lose its top-notch credit rating if it has to fund yet more big bailouts?

Could Germany lose its top-notch credit rating if it has to fund yet more big bailouts? Plus, how being a safe haven in time of crisis could actually damage Switzerland's economy.

Germany's economy

Could Germany lose its gold-plated credit rating if it has to fund yet more big bailouts? 

Lesley Curwen talks to Christoph Schmidt, a member of the council of economic experts which advises the German government. 

He argues that if Germany had to fund rescues for countries such as Spain and Italy, its own credit rating would not be 'written in stone'.   

Rise of the Swiss franc

Plus, how being a safe haven in time of crisis could actually damage your economy. 

The BBC's Nigel Cassidy reports from Switzerland on the rise and rise of the Swiss franc.

Redeveloping Mumbai's slums

And the BBC's Nidhi Dutt looks at the fruitless efforts of authorities in Mumbai to re-develop the city's slums and re-house their occupants.

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