23 November 2011 Last updated at 11:17 ET

Our Experts

Robert Peston Article written by Robert Peston Robert Peston Business editor

Has Merkozy taken Italy out of the danger zone?

Germany has dropped its demand that in any future bailouts of governments with excessive debts, there should be losses imposed on private-sector creditors - which more than anything else explains why holders of Italian bonds are feeling a little less anxious this evening.

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Stephanie Flanders Article written by Stephanie Flanders Stephanie Flanders Economics editor

Germany, France and the ECB

The big players in the eurozone crisis have spoken - what have we learned?

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Expert Views

  • Paul MasonPaul Mason

    The economics editor of Newsnight gives his take on the economic turmoil


  • Gavin HewittGavin Hewitt

    Views and analysis from the BBC's europe editor


Crisis jargon buster
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AAA-rating
The best credit rating that can be given to a borrower's debts, indicating that the risk of borrowing defaulting is miniscule.

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