Portugal is in the midst of an economic and political crisis. Prime minister José Sócrates announced his resignation after parliament rejected his government's austerity measures. But analysts fear that by failing to act now, Portuguese taxpayers face more pain later.
Ireland has already been through its rescue by the IMF and EU. Last week the results of "stress tests" on the country's banks revealed the need for a further injection of cash. But can the country stomach more pain
Meanwhile the European Central Bank is concerned that inflation levels across the Eurozone are too high and may enact an interest rate rise this week.
Joining Aditya to discuss all this we have the Guardian's economics editor Larry Elliott, Portuguese journalist Joana Gorjao Henriques, the Guardian's Madrid correspondent Giles Tremlett, and Irish independent TD Stephen Donnelly.
Also this week we hear from economist Barry Eichengreen. His new book Exorbitant Privilege: The Rise and Fall of the Dollar argues that the US currency is at risk of being knocked off the top spot as the world's reserve currency.
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