Spain’s cajas, Banking Union and British EU exit
Spain seems to have played hardball and won some concessions. The medium term changes to strategic thinking are happening right now. And they will have a profound impact here.
Argentina may be able to teach Greece a thing or two about financial collapse after fighting back from its own 2001 economic meltdown. But is Greece ready to listen?
Economists say it’s a catastrophe if Greece leaves the eurozone – but there are precedents which did not lead to financial armageddon. Are there any lessons from history? Channel 4 News investigates.
Spain’s downgrade to one level above junk has Europeans worried the country may need much more than the 100bn euros earmarked for its basketcase banks.
Theresa May wants to put Britain’s economy and safety ahead of family rights in the latest government threat to immigrants, UK residents and human rights guaranteed by law.
New immigration proposals, setting minimum earnings of nearly £20,000 for those wanting to bring a relative to the UK, would prevent up to 30,000 parents and children from joining their families here.
With a 100bn euro rescue of Spain’s banks agreed, Channel 4 News looks at the deal Madrid has struck with its European partners and the implications for Greece and Ireland.
Uncertainty about the future of the eurozone is killing off a UK economic recovery already threatened by high oil prices and Britain’s debt burden, says the Chancellor George Osborne.
Spain will ask for an estimated 40-100bn euros from Europe to keep its banks operating – but it may not know the extent of the crisis until mid June when two audits are completed.
UN observers set out on another field trip on Saturday amid reports that 17 people were killed in overnight shelling in the Syrian town of Deraa, where the uprising began 15 months ago.
A neo-Nazi Greek politician from Golden Dawn is reportedly suing two women he assaulted during a TV debate, claiming their misleading statements incited him to slap one and throw water at the other.
Spain seems to have played hardball and won some concessions. The medium term changes to strategic thinking are happening right now. And they will have a profound impact here.
Prime Minister David Cameron pledges that he will not ask British taxpayers to underwrite the debts of ailing banks in Greece and Spain.
Spain has denied claims its banks need an urgent bailout as EU plans are announced to halt taxpayers’ money being used to bail out failed banks.
Spanish Economy Minister Luis de Guindos issues a dire warning about the future of the euro, as new figures show 66bn euros ($82bn) of money left the country in March.
Ireland starts counting votes in a referendum on an EU financial treaty that could undermine one of Europe’s key initiatives as problems mount in Spain and Greece.