After the second Greek bailout, is Europe becoming a country?
“I awake in a Europe that is still a continent, but which appears to becoming a country.”
Faisal Islam has left Channel 4 News. This is an archive of his blogs.
“I awake in a Europe that is still a continent, but which appears to becoming a country.”
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam – and would lead to “the phase fiscalisation of Europe”.
As David Cameron flies back early from his Africa trip, and the Murdochs are put on parliamentary trial, we are hearing a lot from the Opposition about the close links between Conservatives and the News Corp empire. If Labour party figures really are serious about reining in the power of Rupert Murdoch, they would do…
Channel 4 News’ Economics Editor Faisal Islam says we should not write-off the European Banking Authority’s stress tests just yet.
“As I spent most of the time in the rainforests of Central America, I can’t quite be sure whether I’ve come from or returned to some sort of banana republic.”
If the private sector recovery gets going, and the full powers of this new FPC kick-in in 2013, then the decisions of this new body in early 2015 could be rather interesting – economically and politically, writes Faisal Islam.
Exclusive: A key Bank of England official tells Faisal Islam the bank would have “pressed the brakes” in 2004 before the credit crunch began.
Faisal Islam unpicks the peculiar government response to inflates energy bills.
Faisal Islam on the subtle change in the Chancellor’s stance on an economic “Plan B” – and the 400,000 jobs George Osborne says the media is not reporting.
Watching Sepp Blatter’s press conference I was constantly reminded of the video appearances of various Arab dictators on the cusp of losing their power. Defiance, anger, finger jabbing.
“You could call this the Great Stagnation, you could call it the Disastrous Decoupling, you could call it Growth without Gain. What it definitely is, though, is deeply bad news for a massive swathe of Britain.”
Faisal Islam blogs on how the British economy did officially shrink in the last quarter – by a fraction of a per cent.
Faisal Islam spend’s time with the Chancellor on the way back from Brussels. He finds a politician settling into his job.
For the first time, a public suggestion that Finance Ministers will discuss with Greece’s creditors about lengthening out the repayment of the country’s debts. This would change the “structure” of Greece’s national debt, but would fall short of “restructuring”. Euro ministers appear to be settling on the concept du jour: “reprofiling”.
Our Economics Editor on how DSK’s absence from the International Monetary Fund may be bad news for Greece – and lead to more austerity in the eurozone.