Faisal Islam
Brussels 5am: Half a bazooka unleashed
A deal is reached, but Economics Editor Faisal Islam says the devil will be in the detail. The bailout bazooka will need the goodwill of the rest of the world.
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A deal is reached, but Economics Editor Faisal Islam says the devil will be in the detail. The bailout bazooka will need the goodwill of the rest of the world.
Reports that Italian Prime Minister Silvio Berlusconi has agreed to resign in the next three months are denied by his office.
The European Central Bank is in crisis after Juergen Stark resigns, apparently in protest at the bank’s controversial policy of buying bonds issued by ailing eurozone members.