
‘Britain faces a moment of truth soon – in or out’ – source
A European Commission source tells Gary Gibbon that it’s time for Britain to make some tough decisions on Europe, decisions “it has dodged for too long”.
A European Commission source tells Gary Gibbon that it’s time for Britain to make some tough decisions on Europe, decisions “it has dodged for too long”.
Channel 4 News Economics Editor Faisal Islam says the European Financial Stability Facility bailout fund is being “quietly forgotten” in favour of the European Stability Mechanism.
It’s rare that the government serves up a truly astonishing statistic. But the latest affordable housing stats certainly qualify, writes Economics Editor Faisal Islam.
If the world is reluctant to contribute to the euro bailout to save Greece, how on earth can the Eurozone hope to save Italy? Economics editor Faisal Islam reports.
Italian PM Silvio Berlusconi and US Republican front-runner Herman Cain have probably never exchanged a word. But both are self-made millionaires, have been dogged by alleged issues in connection with their errant libidos, and represent a rejection of traditional party politics.
The German political establishment sees Silvio Berlusconi as a catastrophic menace and perhaps the biggest single obstacle to world economic stability, writes Gary Gibbon. So what’s next at the G20 in Cannes?
This a grenade in the eurozone crisis on the eve of a G20 when Europe was hoping to present a reformed and self-disciplined face to the world, writes Gary Gibbon of the decision to call a referendum on the bailout in Greece.
As more figures come out showing poor growth, is the European Union going to be forced to hand the keys to the continent to China, asks Gary Gibbon.
Matt Frei considers the stony path between austerity and stimulus and wonders about the future track of economic well-being.
Is the eurozone heading towards fiscal unity, asks Gary Gibbon. Maybe, but – as Spock might have said – “It’s fiscal union, Jim, but not as we know it.”
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.
A little Twitter spat popped up during Prime Minister’s Questions today between Ed Balls’ right hand man and the Conservative Press Headquarters. Both repeated well-worn mantras from their parties, prompting FactCheck to wonder if there was anything new to note.
Is the eurozone on the brink? Channel 4 News Economics Editor Faisal Islam is in Brussels.
The phone call came in at 1230. An invitation to see Sir Mervyn that would have been unthinkable three or four months ago. He has only done a round of interviews like this once before, in March 2009, when QE was first launched. We only seem to get these audiences when the Governor has decided to create magic money to try to cure an ailing British economy. And I identify two tightropes he is walking.
Greece is just one problem. The bigger picture is that markets seem to have factored in the expectation of a Super-Bazooka once Germany ratifies the EFSF.