Ireland debt: Osborne ponders bail-out
I’ve just been talking to the Chancellor George Osborne at a briefing in Brussels after his lunch with fellow European finance ministers about the Irish debt question.
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Ahead of an EU bailout and a government austerity package, Channel 4 News speaks to Irish graduates about whether the country offers them a future.
As talks continue over a multi-billion euro bailout to save Ireland from financial fallout, Prof Andrew Clare writes that unless debt holders learn hard lessons the economic crisis will persist.
Ireland moves closer to accepting an EU-backed bailout worth tens of billions of euros to stabilise the economy, though the Irish government says an agreement has not yet been finalised.
I’ve just been talking to the Chancellor George Osborne at a briefing in Brussels after his lunch with fellow European finance ministers about the Irish debt question.
Britain could make bilateral loans to Ireland to prop up its economy – a move which would have been “unthinkable” until this week, as Faisal Islam writes.
George Osborne tells Channel 4 News a healthy Irish economy is in “Britain’s national interest”, as he considers all the options to help the country out of its debt crisis, writes Faisal Islam.
EU finance ministers are looking at plans to help Ireland out of its debt crisis with experts ready for a bail-out – including a potential offer of bilateral aid from the UK, Faisal Islam explains.
Our Economics Editor reports from Brussels on the negotiations over helping Ireland out of its economic crisis. But it looks as if they will wait for the arrival of George Osborne to clinch the deal.
Europe heaps pressure on Ireland to accept a financial bail-out, as fears grow that a failure to do so would be catastrophic. Economics Editor Faisal Islam says it could all end in the courts.
Our Economics Editor looks at Ireland’s growing economic ills – and what they may mean for Britain.
Ireland considers applying for European Union aid to help its banks in a bid to avoid having to rely on a full EU bailout. Economics Editor Faisal Islam asks whether Britain should step in.
For those of us who are relative financial ignoramuses, is this the financial world of the madhouse? Jon Sno blogs on the Ireland bailout and the “failue of capitalism”.
The budgetary watchdog sees an “uncertain” future for the UK economy – but predicts public sector job losses will be much lower than forecast. Chancellor George Osborne says “Britain is on the mend”.
The latest polls show collapse in popular support for Spain’s leftist Podemos party, as its Greek ally Syriza is forced to implement a harsh austerity package.
The surge in support for the radical left Podemos party in Spain’s regional elections is the latest manifestation of a spectre haunting Europe: the rise of the anti-austerity movement.