EU's Van Rompuy Proposes 7-Year Budget Plan

Feb. 8 (Bloomberg) -- Bloomberg's European Editor David Tweed reports that European Union President Herman Van Rompuy proposed a seven-year budget with 960 billion euros ($1.3 trillion) of spending commitments and 908.4 billion euros of payments. He speaks on Bloomberg Television's "Countdown."

Turkey Unexpectedly Held Rates in October
56:32 - Turkey's central bank had been lowering interest rates at every monthly meeting since March, but that trend came to an end last week as policy makers unexpectedly kept all three main rates on hold. Bloomberg's Onar Ant reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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