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”.
I see five types of euro-related blackmail going on that will determine Greece’s fate in the eurozone. What might be called “Drachmail”.
As Greece heads towards rerun elections, Channel 4 News Economics Editor Faisal Islam considers whether Europe is heading for a stormy political and economic earthquake
As the Greek stock market tumbles are the politicians now seeking to form a government say they will defy the EU, but can they do that? Faisal Islam reports from Athens.
A tremendous air of excitement here in Paris. Even before getting here, it was clear that French society is profoundly different from our own. But it’s not just France that’s voting today, but Greece and Serbia.
“I am not in, as the chancellor of the exchequer, a daily opinion poll contest and a daily popularity contest. I will tell you what I am engaged in. A daily contest with the rest of the world to make Britain competitive to bring jobs to Britain.”
I have just spoken to the Dutch finance minister Jan Kees de Jager, on his way in to today’s euro group meeting. Mr de Jager’s comments to me in English and some in Dutch made just before caused a marked popping of the europhoria bubble and a sharp move in the foreign exchange markets.
As the Greek president hits back at criticisms of his country from the EU, it looks like the Greek deal could be unravelling.
Jon Snow sees the eurozone and democracy as becoming increasingly uncomfortable bedfellows.
Syria is already being talked up as a central topic at the Anglo-French summit between David Cameron and Nicolas Sarkozy on Friday. Can the old duo revive their Libya double-act? To which the answer is: forget it.
Greece has voted in favour of the EU/IMF austerity package. But why is Germany pushing stability throughout Europe – and what is it hoping to achieve?
Greece is being cauterised. The EU, ECB, and others have prepared the ground for Greece to be detached from the eurozone. Greece now has a horrible choice to make, says Channel 4 News economics editor Faisal Islam.
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.
German politicians, reared on the cult of low debt and low inflation, fear that the European Central Bank is losing its Bundesbank DNA, blogs Faisal Islam.
Does it matter who is PM of Greece? The astonishing example of Greece’s Project Helios shows just how sovereignty transfer works in a crisis.