Studio guest is Hans-Peter Burghof from the University of Hohenheim. Made in Germany will be discussing the situation in the EU and the problems caused by ever-increasing debt and the ongoing banking crisis.
Ahead of a key meeting with creditors in Caracas about $60 billion of debts, the president has insisted Venezuela will never default on its debt. Meanwhile, the EU has moved to impose sanctions including an arms embargo.
Our studio guest is Hans-Peter Burghof from the University of Hohenheim. We'll be discussing the situation in the EU und and the problems caused by ever increasing debt and the continuing bank crisis.
Following months of violent protests, Venezuela is meeting with creditors to discuss ways out of what seems to be inevitable default. Meanwhile, the EU slapped a new set of sanctions on the South American nation.
The economic outlook for both the eurozone and the EU as a whole is increasingly upbeat, says the European Commission. Although concerns remain, the crisis of recent years seems to be finally over.
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