Bernie Sanders: the radical moment has begun
Quite simply the radical progressive sentiment that’s swept Greece, Spain, Scotland and the British Labour movement has now hit America.
300 items found
Shares in the troubled banking group Credit Suisse jumped up this morning, after it was able to announce a £45bn support package from Switzerland’s central bank.
Matteo Renzi hasn’t been prime minister of Italy for more than four years, but he still has the power to bring his successors down.
The head of the European Central Bank has warned that the Eurozone’s economic output could shrink by up to 15% this year. Christine Lagarde also told a virtual summit of all 27 EU leaders that a European recovery fund is needed quickly. But so far those leaders cannot agree how to raise a €1 trillion…
It’s not clear we can lay the credit or blame for the latest inflation figures at the government’s door.
The Labour leader is backing the Remain campaign after opposing EU treaties, institutions and policies for decades.
Quite simply the radical progressive sentiment that’s swept Greece, Spain, Scotland and the British Labour movement has now hit America.
As the first money from a third bailout is paid out, the Greek Prime Minister Alexis Tsipras submits his resignation, telling the Greek people he did his best, but the people must now pass judgement.
Eurozone leaders have reached an agreement to provide an 86bn euro bailout to keep the near-bankrupt Greece in the single currency.
Greece is told it needs to enact key reforms by Wednesday in order to restore trust with eurozone leaders, who will then open talks to negotiate a bailout deal with the struggling country.
Parliament votes in favour of painful reforms put forward by Greek Prime Minister Alexis Tsipras, but will it be enough to secure a bailout from European powers?
If Angela Merkel has her way, the euphoria in Athens about Sunday’s referendum result will prove short lived. There is a discernible hardening of attitudes in Berlin.
The no vote in Greece may be causing political shock and awe but stock markets in Europe reacted with relative calm this morning. The same, however, can’t be said for what has been happening in China.
Provisional results suggest at least 61 per cent of Greeks have voted against the terms of the bailout deal offered by the country’s creditors
The IMF’s report yesterday got swamped amid the gloom, despondency and fractiousness of the Greek crisis. It said, in short, Greece’s debt has become unsustainable.
Politicians with Greece’s ruling Syriza party, including Prime Minister Tsipras, say the country should vote no in Sunday’s referendum, as the Bank of England warns of a “very dangerous” situation.