Fear not hope as Greeks contemplate returning to the drachma
“Many in the crowd believe in one simple equation – A Syriza win equals a bank run on Sunday evening.”
“Many in the crowd believe in one simple equation – A Syriza win equals a bank run on Sunday evening.”
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.
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.
Stock markets across Europe and Asia rally on news of Spain’s 100bn euro banking bailout, after the country’s economy is hit by the collapse of the property market.
Channel 4 News Economics Editor Faisal Islam blogs on the Euro crisis 2012 versus Euro 2012.
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.
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?
There’s real and constant anxiety at the Treasury about the Eurozone crisis, but a glimmer of hope that the immediate Spanish borrowing problem can be finessed.
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.
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.
There are fears that Greece may leave the euro, with the tremors spreading to other southern European countries. Channel 4 News looks at what this might mean for the British holidaymaker.
Mario Draghi, president of the European Central Bank, criticises Spain for underestimating the problems faced by Bankia, the troubled nationalised bank.
Business correspondent Sarah Smith gives a numerical guide to just how bad the Euro-crisis looks in Spain.