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Added on the 11/07/2022 15:47:00 - Copyright : France 24 EN
Hundreds of people in Tunis demonstrate as part of various movements opposing President Kais Saied, gathering to protest against the deterioration of their living conditions, against a backdrop of increased political divisions, on the 12th anniversary of the fall of the dictator Ben Ali and the Tunisian Revolution. IMAGES
The European Central Bank President, Christine Lagarde, warns governments against adding to their public debt, as they look to ease the pressure on households and businesses from soaring energy costs. "Governments should pursue fiscal policies that show they are committed to gradually bringing down high public debt ratios," she says during a news conference, adding that policymakers should pick measures that are "temporary and targeted at the most vulnerable". SOUNDBITE
The European Central Bank unveils a new crisis-fighting tool to keep the borrowing costs of indebted eurozone governments like Italy under control as interest rates rise for the first time in a decade. Dubbed the "Transmission Protection Instrument (TPI)", the targeted bond-buying scheme "can be activated to counter unwarranted, disorderly market dynamics that pose a serious threat to the transmission of monetary policy across the euro area," says ECB President Christine Lagarde. SOUNDBITE by Christine Lagarde, President of the ECB
Thousands protest in Argentina's capital, Buenos Aires, in demand of universal basic income, as the impoverished South American country struggles to repay its $44 billion debt with the International Monetary Fund (IMF) amid rampant inflation and social unrest. IMAGES
Members of the main Spanish trade and employment unions hold a demonstration protesting against the rising cost of living. Record inflation levels have fuelled growing anger with Spain's left-wing government as energy prices go through the roof. IMAGES
Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE