Euro crisis 2012 vs Euro 2012
Channel 4 News Economics Editor Faisal Islam blogs on the Euro crisis 2012 versus Euro 2012.
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A surprise deal between eurozone countries is struck at a Brussels summit allowing bail-outs to directly support distressed banks, rather than making national governments taking on the burden.
With Barclays under pressure after admitting trying to manipulate key lending rates, Channel 4 News looks at the measures the eurozone is proposing to reform banking.
Channel 4 News Economics Editor Faisal Islam blogs on the Euro crisis 2012 versus Euro 2012.
Mario Draghi, president of the European Central Bank, criticises Spain for underestimating the problems faced by Bankia, the troubled nationalised bank.
A new earthquake has struck northern Italy, killing at least 15 people, injuring hundreds and forcing thousands to flee their homes.
French President Francois Hollande will be pushing plans for eurobonds at a summit of EU leaders in Brussels on Wednesday, an idea German Chancellor Angela Merkel flatly opposes.
As David Cameron tells MPs that Europe must be prepared for Greece leaving the single currency, eurozone officials call for contingency planning to start.
The Italian prime minister announces support and increased security for tax officials as they come under attack from an angry public who are struggling with financial hardship.
The Italian president lashes out at the UK for not informing his country before launching the operation to rescue an Italian and British hostage, which resulted in their deaths.
After British and Italian hostages die in Nigeria during an attempted rescue mission, the Italian president says his country should have been informed before the mission was carried out.
It was a far bolder speech than I expected from the PM to the capital of capitalism. He described himself as a “monetary radical”, which is a reference to the £275 billion of QE, and presumably the soon-to-be launched credit easing policy. It was a contrast with the European Central Bank and its lack of bazooka.
France dodges downgrade but credit agency says it’s too late for a comprehensive solution to the sovereign debt crisis as other countries’ ratings slide.
After key talks with German Chancellor Angela Merkel, France’s President Nicolas Sarkozy says Europe needs a new treaty – as six Euro countries face credit downgrade.
Inflation may rise again this year before dropping significantly in 2012, a former Bank of England economist tells Channel 4 News.
German politicians, reared on the cult of low debt and low inflation, fear that the European Central Bank is losing its Bundesbank DNA, blogs Faisal Islam.