Painful austerity

Is austerity worth the pain? BBC correspondents report from across Europe on how cuts are affecting the public mood and the way people live.

Lesley Curwen talks to John Psaropolos, an economics blogger based in Athens and David McWilliams, an economist who used to work at the Irish Central Bank.

Plus, businesman Luke Johnson wonders whether Italy's fundamental problem is that it is run by old men.