Robert Peston, BBC Business Editor

The European Central Bank has provided a temporary sticking plaster not a eurozone cure with its ambitious programme of lending to eurozone banks, which in turn lend to eurozone governments. But at least we may be able to have a Christmas unspoiled by the threat of banking meltdown.

Stephanie Flanders, BBC Economics Editor

The high take-up of the ECB's first three-year lending programme for Europe's banks provides a good reason for the financial markets to be cheerful, which I highlighted in my blog on Monday 12 December. As I said then, this new lending coupled with the reduction in bank reserve requirements and the wider range of assets that will be accepted as collateral makes it much less likely that a major financial institution will run out of money in the very near future.

My question is: what's the difference between a business editor and an economics editor? And surely the BBC could save money by getting rid of one of them?