The 1tr mark note – symbol of Germany’s fears
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.
Jonathan Rugman asks whether this really is the end for Nicolas Sarkozy and what that could mean for France.
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.
There are reports from Reuters about the eurozone thinking it might be better to force a default on the banks over Greek debt, blogs Gary Gibbon.
Economics Editor Faisal Islam reports from Athens as the Greek debt crisis fuels further global pleas for concerted action from Europe’s political leaders.
Britain “won’t be left behind” in the grab for Libyan oil contracts, William Hague said today, as world leaders flocked to Paris to plot out the new Libya. And why should we? Rumours are rife that Libya’s new government plans to hand the French the keys to 35 per cent of the country’s oil. And we’ve done just as much to help Libya as the French, haven’t we? Hmm not exactly, FactCheck discovers.
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam – and would lead to “the phase fiscalisation of Europe”.
After the photo-call the rush to get the handshakes in first. Faisal Islam on a day of hugs and smiles in Brussels as Portugal and Ireland near economic crunch time.
Gary Gibbon considers the prospects for the British-sponsored resolution that calls for the establishment of a no-fly zone over Libya which is now under discussion at the UN Security Council.
Forget how many men Carla Bruni-Sarkozy has slept with – the big headline America has grabbed out of a juicy new biography of the French first lady is the revelation that Michelle Obama thinks being first lady is “hell”.
For the last two years French President Nicolas Sarkozy as been trying to persuade Britain to look again at the idea of combining nuclear deterrence with France.