Greek crisis: crunch time
The country will divide: right versus left – as it has been divided since British tanks rolled into Syntagma Square in 1944 to install former Nazi collaborators into office.
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The Irish government prepares to publish a 15bn euro plan for drastic savings amid financial crisis. Economics Editor Faisal Islam looks at what is at stake for Ireland’s political class.
As Ireland negotiates terms of the multi-billion pound bailout, details of the government’s austerity measures emerge with welfare, jobs and minimum wage facing heavy cuts, writes Faisal Islam.
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.
The country will divide: right versus left – as it has been divided since British tanks rolled into Syntagma Square in 1944 to install former Nazi collaborators into office.
Why did Greece collapse and Ireland survive? First, because the Irish crisis was a banking crisis. And in Greece you can’t impose austerity and hope modernise at the same time.
Ireland officially exits its strict bailout programme and re-enters money markets but the years of austerity budgets and unemployment are not over yet.
Major strides are taken to tackle eurozone debt, with plans for a banking union and German approval of a permanent bailout fund to rescue ailing countries.
Bankrupt ex-billionaire Sean Quinn avoids a jail sentence despite blocking the state bank from seizing £400m worth of assets by claiming bankruptcy after being found guilty of contempt of court.
With world leaders at the G20 summit putting pressure on eurozone countries to sort out their problems, Channel 4 News looks at the action they are taking.
Channel 4 News Economics Editor Faisal Islam blogs on the Euro crisis 2012 versus Euro 2012.
Why has the Bank of England decided against printing more money despite a recession in Britain, an intensification of the eurocrisis and advice from the IMF that now is the time to act?
With fears that Spain’s banks may need to be bailed out, Channel 4 News looks at the state of the banking sector in Britain.
In an exclusive interview with Jonathan Rugman, Syriza party leader Alexis Tsipras – who could be the next Greek premier – says logic will prevail and Greece will not be forced out of the euro.
To the outsider, Ireland does not seem like a country which is gripped by a prolonged economic crisis, writes Dr Peter Stafford. But will the Guinness be flowing freely tonight for St Patrick’s day?