Professor Ngaire Woods discusses continuing challenges facing the Eurozone

Ngaire Woods was interviewed in the Business Daily programme of BBC World Service (23 April, 2012) on the continuing challenges facing the Eurozone.

Ngaire said, Europe still does not have a collective growth plan, and without one the countries in Europe are going to be under increasing strain.

The interview focuses on the recent challenges in the Netherlands, but also the challenge for European leaders austerity programmes across Europe, and new IMF plans to deal with the crisis. For Ngaire, the challenge remains that the Eurozone ministers have to get ahead of the markets; they have to come up with a plan that stops the market from simply hanging out on the sidelines simply waiting for the next piece of bad news.