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Europe Turns On The Bat Signal

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Europe Turns On The Bat Signal

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Europe Turns On The Bat Signal

Europe Turns On The Bat Signal

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  • <iframe src="https://www.npr.org/player/embed/143231194/143240521" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
The building of the European Central Bank at night.
Thomas Lohnes/AFP/Getty Images

European governments have turned their eyes skyward looking for a hero to save them from financial collapse. But the signal they've sent into the skies over Europe is not the shape of a bat, it's the initials E-C-B, the European Central Bank.

On today's podcast, we'll tell you about the ECB's super powers and explain why they are so reluctant to use them.

Subscribe to the podcast. Music: B.o.B's "Magic." Find us: Twitter/ Facebook/Spotify