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Markets respond well to German bailout ruling

Thursday 13 Sep 2012 7:41 a.m.

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World markets have a lot to digest at the moment, with the US Federal Reserve meeting, Apple launching the new iPhone, and German courts ruling on the legality of the bailout plans.

A lot of Germans feel that Germany should not be participating in the bailout plans for debt-stricken nations such as Greece, which has led to protests.

However the courts ruled in favour of the bailouts, news which the French and German markets responded to well.

The future of the Eurozone is seen by many to hinge on the success of the bailout programmes.

Watch the video for the wrap on Firstline by Michael Wilson

 

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