#328: Europe Turns On The Bat Signal

9.26 MB

Podcast

Podcaster

Planet Money

The economy explained.

Englisch , Wirtschaft , Nachrichten

Beschreibung

vor 14 Jahren

European governments have turned their eyes skyward looking for a hero to save them from financial collapse. But the signal they've sent into the skies over Europe is not the usual one in the shape of a bat, it's the initials E-C-B, the European Central Bank.On today's podcast, we'll tell you about the ECB's super powers and explain why they are so reluctant to use them.