Martin Wolf: Austerity threatens

Name: Martin Wolf: Austerity threatens
Uploaded: 2011-09-20T11:05:25.437Z
Duration: 2 min 41 s
Channel: Financial Times
Description: Italy downgraded on worries over political weakness

Italy's credit rating has been downgraded by ratings agency Standard & Poor's and Greece is still trying to persuade its international lenders to release €8bn of aid. Martin Wolf, chief international commentator, analyses the latest eurozone problems with Daniel Garrahan.

September 20, 2011

Produced by Darryl Thomson. Filmed by James MacDonald.