► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />The interest rate the European Central Bank pays banks parking their money with it is zero. Tanguy Le Saout, head of European fixed income at Pioneer Investments discussed with capital markets editor Ralph Atkins what more the ECB can do to encourage banks to lend and lower actual business borrowing costs in the eurozone periphery.<br /><br />Related Articles:<br />http://www.ft.com/intl/cms/s/0/beac3f7c-3add-11e2-bb32-00144feabdc0.html<br />http://www.ft.com/intl/cms/s/0/e5361f04-3ec1-11e2-87bc-00144feabdc0.html<br /><br />For more video content from the Financial Times visit http://www.FT.com/video