Episode details

World Service,09 Mar 2015,28 mins
ECB fires starting gun on massive economic stimulus
World Business ReportAvailable for over a year
Europe's central bank has turned on the electronic printing press. But will it help? We hear the views of business leaders from the Netherlands, Italy, Austria, and Spain, and get expert analysis from our regular commentator, noted economist Roger Bootle. And whilst austerity has not been popular in the euro area, we hear it is not proving to be a hit in Brazil either. BBC South America business correspondent Daniel Gallas tells us why Brazilians are taking to the streets in protest at President Dilma Rousseff's latest economic plans. Also in the programme, we report on the surfing economy in Australia's Gold Coast: can it ride out Australia's economic storms? Plus Lucy Kellaway tells us why she thinks common sense has given way to self-importance in modern business.
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