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Eurozone travails pose awkward questions for coalition
Eurozone problems are raising Tory hopes of renegotiating the EU treaty. But as Political Editor Gary Gibbon reports, their LibDem coalition partners aren’t so keen on rowing back from Europe.
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Ed Balls says he doesn’t care if it is plan A, B or C – Britain just needs a plan for growth and tells Channel 4 News he has the measures in place to fix an economy that has “flatlined”.
Eurozone problems are raising Tory hopes of renegotiating the EU treaty. But as Political Editor Gary Gibbon reports, their LibDem coalition partners aren’t so keen on rowing back from Europe.
The bigger picture here: that the speculators piling in against Italy do not believe that Germany will want or can afford to write a cheque for an economy as big as Italy. It is a test of wills. The end game could well require that the eurozone bailout facility be extended to a trillion or two euros.
Italian Prime Minister Silvio Berlusconi says eurozone debt problems are caused by a “crisis of faith” in the markets, as he seeks to reassure Europe that Italy is financially solid.
Jonathan Rugman blogs from Athens, where a two-day strike against austerity measures needed to secure an EU/IMF bailout is beginning. One man tells him the crisis has been a “plague” for Greece.
“Shame seems to have been replaced by an almost bloody-minded determination not to accept any more pain”. Jonathan Rugman on the mood in Athens
David Cameron has signalled this week that he is taking the looming threat of Scottish independence seriously. With people on both sides of the border convinced they are losing out, what’s the real cost of holding the United Kingdom together?
Faisal Islam on the upcoming fiscal punch-up as the SNP wins the Scottish elections.
Despite the protests, arguments and riots, post-Budget the government and opposition are much closer than either would like to admit argues Faisal Islam
Budget 2011: Economics Editor Faisal Islam on George Osborne’s give-with-one-hand, take-with-the-other budget.
Chancellor George Osborne claims his Budget will “put fuel into the tank of the British economy” as he cuts petrol duty by 1p a litre and unveils a package of measures to boost businesses.
Faisal Islam casts doubt on the theory that Japan’s economy will bounce back swiftly from the devastating earthquake and tsunami.
Local councils are facing tough budget cuts. But could they sell off some of their 11,000 acres of land to cope? Channel 4’s Dispatches investigates how much land your local council owns.
Krishnan Guru-Murthy and Faisal Islam will be presenting a live Dispatches debate into whether the government should #sellornot its assets to cut the deficit. Follow it all on our live blog.
Did you know the silverware in Downing street is worth millions? Or that Gibraltar could raise eighteen billion pounds? The National Asset Register says we have around 300 Billion pounds worth of things we could sell.