Courts could have a role in Irish economic crisis
Our Economics Editor says a German attempt to ensure that “financial fatcats” share the burden of dealing with credit excess has inadvertently made the Irish crisis even more toxic.
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After days of negotiation, Ireland has agreed to work with the European Union and the International Monetary Fund. It’s a process which could lead to the bail-out Ireland has so far resisted.
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 says a German attempt to ensure that “financial fatcats” share the burden of dealing with credit excess has inadvertently made the Irish crisis even more toxic.
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The Taoiseach Brian Cowen has again denied that he has asked the EU for help to solve the Irish financial crisis. But Faisal Islam says the pressure is still on Dublin to accept support.
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.
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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.
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I am beginning to wonder if we are at a profound historical turning point in world economics.
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The cut “It is the case that a lot of the money received by Universities through the teaching grant and through HEFCE will in the future get to universities via students.” Universities Minister David Willetts, 3 November 2010 The background Today’s announcement to increase tuition fees was, said Universities Minister David Willetts, to deliver “a…