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Business Daily: Europe: could delay be deadly?

11/04/2013

Europe: could delay be deadly?

BBC World Service - Business Daily, Europe: could delay be deadly?

With Cyprus sorted for now, who's next on the eurozone sick-list? A Commissioner speaks.

With Cyprus bailed out, Spain and Slovenia are next on the eurozone sick-list, both with chronic banking problems. Plus, the man with all the numbers you need to understand China.

With Cyprus bailed out, who's next on the eurozone sick-list? Spain and Slovenia are currently in the doctor's waiting room, both with chronic banking problems. Will this ever end? We ask the European Commissioner for Economic and Monetary Affairs, Ollie Rehn. And we meet Leland Miller,the US lawyer whose new "China Beige Book" supplies all the numbers you need, he says, to understand what's really happening to China's economy. He reckons a property bubble could be looming and there's a worrying slide in business lending there. And finally, Kiril Dimitriev describes why his "Russia Direct Investment Fund" provides a new model for government-sponsored inward investment.

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