Is the Eurozone in trouble? With Philip Lane

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  It is a treacherous time for the euro area.

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  Inflation is falling, which is a relief.

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  But at the same time, signs of real economic weakness are growing.

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  And the number of risks on the horizon from problems with sovereign debt to trade wars,

• 00:16

  is only growing.

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  This week we are going to ask whether the Eurozone is in trouble.

• 00:29

  This is the Economics show with Samaya Keynes.

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  I'm joined here in London by my colleague Olaf Storbeck,

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  Frankfurt Bureau Chief and ECB correspondent.

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  Olaf.

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  Hi.

• 00:38

  Hello.

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  And also by Philip Lane, chief Economist at the ECB and also member of its Executive Board.

• 00:44

  Philip.

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  Hello.

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  Good afternoon.

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  Okay, so first question is always a silly question on this show.

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  So on a scale of 1 to 10, a very real scale,

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  the where 1 is the worst depression that we've ever seen and 10 is amazing.

• 00:58

  Goldilocks, best economy ever.

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