Why a eurobond would solve the debt crisis
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam – and would lead to “the phase fiscalisation of Europe”.
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It might be the weather, troubles abroad – or just the legacy of the past. But there often seems to be a reason why the Government’s plans for the economy never go quite to plan.
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam – and would lead to “the phase fiscalisation of Europe”.
As eurozone leaders convene for an emergency meeting in Brussels, we ask: is the eurozone in trouble because there is no single authority above sovereign state level capable of controlling the euro?
European leaders are holding emergency talks in Brussels to deal with the unfolding financial crisis. Chancellor George Osborne says the consequences could be dire if leaders fail to “get a grip”.
Ahead of a crucial Eurozone meeting on Thursday, the International Monetary Fund has warned that Europe’s debt crisis could have a significant global impact if not resolved quickly.
The Prime Minister is to fly home early from his visit to Africa to make a statement to MPs on Wednesday on the escalating scandal over phone hacking.
Our Political Editor reports on how the “squeezed middle” is becoming the “disappearing middle”, with increasing numbers of previously middle class office workers being forced to take up cleaning and caring roles.
As Italy’s Finance Minister Tremonti pushes ahead with his austerity plan, markets remain volatile over concerns that the debt crisis could spread to the eurozone’s third largest economy.
As Greece battles to avoid defaulting on its debts, Channel 4 News Business Correspondent Siobhan Kennedy says the pain could only just be starting for the rest of Europe and the UK.
Care home provider Southern Cross cuts its rent payments by a third as the firm struggles to keep its 750 residential homes open for business.
Football’s global overlords at FIFA are in utter disarray as President Sepp Blatter fights off allegations that Qatar’s bid team ‘bought’ the rights to host the World Cup 2022.
As the Government outlines plans to create a flat £140-a-week state pension to fix a system it says is “in crisis”, Channel 4 News looks at why less than half of people under 35 save for a pension.
As 35 Tunisians die in rough seas in the Mediterranean and 1800 Africans fleeing Libya are turned away by Italy, the UN Refugee Council warns Channel 4 News of an impending refugee crisis.
What are the implications for nuclear power from the crisis in Japan? Jon Snow looks at the future.
Britain faces the possibility of a new financial crisis because of imbalances in the banking system, according to Bank of England Governor Mervyn King.