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”.
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Britain should cut interest rates and consider quantitative easing to stimulate growth, the IMF says, on the back of reports showing 3 per cent inflation and predicting the recession is almost over.
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
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.
Housing groups call on the government to do more after publishing their second Housing Report which finds it is failing in five out of 10 key issues.
The Spanish government denies that customers have withdrawn one billion euros from their accounts after shares in Spanish bank Bankia fall 25 per cent on Thursday as worries mount over its future.
Greece sets the date for fresh elections next month and will form a caretaker government, after talks aimed at forming a coalition failed.
The government has ended a contract with the company A4e to help find unemployed people work after an audit found “weaknesses” in A4e’s internal mechanisms for preventing fraud.
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From Greece to France, from Britain to Italy, the message seems clear. Voters have had enough of the politics of austerity, enough of economic pain. But is there a realistic alternative?
In an election that has galvanised the French electorate, Socialist candidate François Hollande becomes president of France after defeating the incumbent Nicolas Sarkozy.
Nicolas Sarkozy and Francois Hollande, France’s two presidential candidates, both talk of change – but what they are actually engaged in, blogs Jonathan Rugman, is the business of preservation.
Europe awoke to an unpredictable future after elections in France, Greece and EU hopeful Serbia – exactly the type of turmoil that spooks bond and currency traders who crave stability.