Fear not hope as Greeks contemplate returning to the drachma
“Many in the crowd believe in one simple equation – A Syriza win equals a bank run on Sunday evening.”
Faisal Islam
Faisal Islam has left Channel 4 News. This is an archive of his blogs.
-
-
Euro crisis 2012 vs Euro 2012
Channel 4 News Economics Editor Faisal Islam blogs on the Euro crisis 2012 versus Euro 2012.
-
Spain’s cajas, Banking Union and British EU exit
Spain seems to have played hardball and won some concessions. The medium term changes to strategic thinking are happening right now. And they will have a profound impact here.
-
Syriza versus the Bundesbank for the soul of the eurozone
This seems a game of the Greek left versus the Bundesbank, for the soul of the eurozone.
-
Britain’s uncertain place in ‘new Europe’
As contingency plans are made for a Greek euro exit, Channel 4 News Economics Editor Faisal Islam considers the impact of a “cascade of austerity avoidance” across Europe.
-
Five types of Drachmail ‘tearing the eurozone apart’
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
-
Unemployment falls as growth forecast is cut
Unemployment falls by 45,000 to 2.63 million as a result of a rise in part-time workers. But the Bank of England cuts its growth forecast as the governor warns the eurozone is “tearing itself apart”.
-
Hollande and Merkel dance around the Greece lightning
As Greece heads towards rerun elections, Channel 4 News Economics Editor Faisal Islam considers whether Europe is heading for a stormy political and economic earthquake
-
Greece in search of a government – can the left defy the EU?
As the Greek stock market tumbles are the politicians now seeking to form a government say they will defy the EU, but can they do that? Faisal Islam reports from Athens.
-
Impossible Greek algebra
Right now the algebra in Greece seems to make any sort of government impossible. That means even more elections, writes Faisal Islam from Athens.
-
These GDP figures are terrible news for the coalition
In the end, it wasn’t marginal. This morning GDP figures show Britain clearly back in recession, the dreaded double dip, with GDP in key one at -0.2 per cent.
-
Chancellor: We have completely won the argument on austerity
“I am not in, as the chancellor of the exchequer, a daily opinion poll contest and a daily popularity contest. I will tell you what I am engaged in. A daily contest with the rest of the world to make Britain competitive to bring jobs to Britain.”
-
Osborne defends £10bn loan to IMF
In an interview with Channel 4 News Chancellor George Osborne defends his decision to give an extra £10bn loan to the International Monetary Fund while preaching austerity measures at home.
-
Britain commits extra £10bn to International Monetary Fund
“The chancellor is adamant that this is not a further back-door bailout of the eurozone.”
-
Unemployment down, but snakes not ladders on jobs prospects
Today’s figures show an unexpected welcome fall in unemployment, youth unemployment, and a small rise in the claimant count – over the next few months C4 News will continue telling the story of jobs in Britain with a series of reports for the Channel 4 Jobs Report (#c4jobs).
