European markets were in positive territory today despite the lacklustre reaction to the weekend rescue of Spain's ailing banks.
The FTSE 100 Index was up 9.3 points at 5441.7, while the Dax and Cac40 were moderately higher in Frankfurt and Paris as investors remained lukewarm about the latest moves to shore up the eurozone.
George Osborne brands the Spanish bail-out as 'depressing' as the Government began paying more to borrow money than ever before.
Andreas Dombret, a board member of the Bundesbank, explains in a rare interview Germany's tough stance over euro crisis solutions.
With 18 of Spain's banks downgraded and the country's cost of borrowing rising, it begs the question: did the bail out happen at all?