Five types of Drachmail ‘tearing the eurozone apart’
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
With Greece in turmoil, Spanish banks under pressure and the future of the euro at stake, Channel 4 News looks at five approaches to managing a possible break-up of the single currency.
Amid fears that Greece may be on the verge of leaving the euro, a senior EU commissioner tells Channel 4 News that there are no preparations for an exit.
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
The Spanish government denies that customers have withdrawn one billion euros from their accounts after shares in Spanish bank Bankia fall 25 per cent on Thursday as worries mount over its future.
Europe’s governments and banks prepare the ground for a possible Greek exit of the euro, as politicians in Greece try to maintain the country’s position in the single currency.
Spain partially nationalised banking giant Bankia SA after concerns about its real estate exposure in a scenario reminiscent of the Irish crisis following the 2008 implosion of Lehman Bros.
Right now the algebra in Greece seems to make any sort of government impossible. That means even more elections, writes Faisal Islam from Athens.
From Greece to France, from Britain to Italy, the message seems clear. Voters have had enough of the politics of austerity, enough of economic pain. But is there a realistic alternative?
With voters in Greece, France and Italy using elections to reject austerity, Channel 4 News looks at what happens next and whether a break-up of the eurozone is now on the cards.
Extremist parties are on the rise in Greece as elections approach. Inigo Gilmore reports on the despair felt by ordinary families struggling to deal with economic austerity and political turmoil.
In an interview with Channel 4 News Chancellor George Osborne defends his decision to give an extra £10bn loan to the International Monetary Fund while preaching austerity measures at home.
As Easter approaches in Andalusia, Faisal Islam visits the Eurozone’s biggest headache.
Overqualified, no jobs, and the worst economic year since world war two. What now for Spain’s young?
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?
As Greece is handed a new 130bn euro lifeline, Channel 4 News asks whether it will stave off collapse – and what the deal means for the Greek people.