In video: Euro bailout negotiations
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.
Arrests, tear gas and widespread anger as protesters across Europe join a general strike against austerity in Spain, Greece, Portugal and elsewhere.
A five-year-old British girl and her 66-year-old grandfather who drowned off a Portuguese beach after being swept into the sea have been named.
As talks continue in Athens to avert a Greek debt default, there are fears that Portugal may need to be bailed out a second time.
We track the repeat “crunch talks” which punctuate the eurozone debt crisis, as a global finance expert tells Channel 4 News Europe’s leaders are wrestling with an “ungovernable system”.
Lord Bradshaw, Lib Dem peer and Vice-Chairman of Thames Valley Police tells Channel 4 News’ Cathy Newman that David Cameron’s intervention into the Madeleine McCann case is a “PR exercise”
The terms and size of Portugal’s bailout is on the agenda as European finance ministers meet. Chancellor George Osborne has flown to Budapest for talks about the rescue package.
Britain will not pay a penny more than its legal obligations to help bail out Portugal, George Osborne stresses, as finance ministers meet in Budapest to thrash out a rescue package.
Portugal’s Jose Socrates asks the EU for financial assistance, paving the way for the third bail-out after Greece and Ireland, and exposing the UK to a payment of up to £4bn.
As Portugal becomes the latest EU country to ask for a bailout, George Osborne says the Government’s austerity measures are needed to prevent a similar crisis in the UK. Faisal Islam takes a look.
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.
Portugal has been thrown into political uncertainty after prime minister Socrates’ resignation, but economists warn the upheaval has implications for the wider EU – including the UK.
The euro plunges further as the debt crisis shows signs of spreading to Portugal and Spain, even after Ireland unveiled an austerity plan while negotiations on the country’s bailout continue.
As Faisal Islam reports from an Ireland reeling from the announcement of austerity measures, Siobhan Kennedy watches the protests in Portugal, the potential next bailout hotspot.
Ireland’s premier Brian Cowen rules out rushing through emergency economic measures, as financial experts tell Channel 4 News that the Irish bailout could lead to more splits in the Eurozone.
As the details of the EU/IMF deal to rescue Ireland’s economy are finalised, what could be the impact on other countries potentially at risk of financial breakdown?