Greece
The end looks nigh for Greece as euro summit ends in stalemateThe 18th European summit since David Cameron became Prime minister ended in stalemate and governments are increasingly looking to plan B and the exit of Greece from the euro. |
Osborne admits to contingency plans in case of euro collapseBoth the Chancellor, George Osborne and the Prime Minister, David Cameron have admitted that plans are being drawn up to deal with a potential collapse of the euro. |
New UK recession would cause "permanent damage" says OBR's ChoteThe Chairman of the Office for Budget Responsibility has warned that a Greek euro exit could herald a new deep UK recession causing "permanent damage" to the UK. |
Markets fall as Moody’s downgrades 16 Spanish banksThe Eurozone crisis deepened today after Moody’s cut the credit ratings of 16 Spanish banks and the UK arm of Santander, prompting stock markets to tumble. |
Cameron: Eurozone at crossroads - It has to make up or break upIn a speech to business leaders in Manchester today, David Cameron vowed to do whatever it takes to “keep Britain safe” in the event of a Eurozone break-up. |
King blames euro debt crisis for UK woes as euro shares slideThe euro has plummeted to a four-month low against the dollar and global stocks have plunged amid mounting speculation that Greece could be forced to quit the Eurozone. |
Global shares fall on Grexit fearsThe FTSE 100 index dropped below the psychological benchmark of 5,500 this morning, amid mounting fears that Greece will have to exit the Eurozone. |
Pound at record rate v EuroUK travellers heading to the Eurozone will get more for their money as Euros are being sold at 1.20 to the Pound for the first time in three and a half years. |
Will a new French President signal a shift in euro economic policies?voters in France and Greece have rejected parties who agree with the austerity measures supported by Germany to help manage the euro debt crisis, potentially putting the eurozone at a crossroads. |
Further gloom for Eurozone as unemployment risesUnemployment across the Eurozone climbed to 10.8 per cent in February, the highest level since the single currency was established in 1999, latest figures show. |
Greek bailout agreed after bond holders agree debt swapGreece is likely to receive its next bailout of €130 billion and avoid defaulting on its debt after holders of Greek debt agreed to losses of over 50 per cent. |
Second Greek bailout deal expected to be announced on MondayThe second bailout deal for Greece is close to being finalised and eurozone officials expect the details to be announced on Monday when the markets reopen. |
Italy and Netherlands slide into recessionHolland and Italy have gone into recession, new figures show. Germany’s economy also contracted in the fourth quarter of 2011 for the first time in two years. |
Greece riots as new austerity measures passedGreece has voted to accept new austerity measures as a condition to receiving €130 billion of bailout funds so that it can pay its debts and avoid bankruptcy. |
Greece on strike as Eurozone demands deeper cutsWorkers in Greece began a 48 hour strike today following demands by Eurozone ministers for the country to make more cuts in exchange for a financial bailout. |
Euro debt crisis - A summary of recent eventsWhat's the latest in the Euro debt crisis? If you're looking for a quick summary of recent developments, click here. |
EU agrees to advance Greece €8bln as debt crisis hots upEuropean leaders agreed to send Greece the next tranche of its bailout fund today and will beef up the EFSF, Europe's bailout facility, ahead of a key summit next week. |
EU cuts eurozone growth forecast for 2012 to just 0.5%The European Union has cut the growth forecast for the eurozone in 2012 from 1.8 per cent to just 0.5 per cent due to concerns over a lack of growth and another recession. |
G20 summit ends in failure to agree strategy on euro debt crisisThe G20 summit in Cannes has ended with no specific strategy on how to tackle Europe's debt crisis leaving the markets nervous waiting on Greece's decision tonight. |
Greece could leave the euro over EU bailout referendumThe crisis in Greece has gathered pace as its parliament meets in emergency session to discuss the plan to hold a referendum on whether to accept an EU bailout. |
Greek cabinet backs bailout referendumGreek Prime Minister George Papandreou's plans to hold a referendum on the proposed EU bailout package has been approved. |
Europe finally delivers three point solution to euro debt crisisEuropean Union leaders have agreed to recapitalise eurozone banks, increase the EFSF to €1 trillion, write off 50 per cent of Greek debt and fund a new Greek bailout. |
Euro debt crisis solution looks increasingly unlikelyThe likelihood of a successful resolution to the euro debt crisis seems faint as crisis engulfs Italy, and France and Germany disagree over the funding of the bailout facility. |
Crunch euro debt crisis summit postponedWednesday's planned meeting of EU finance ministers has been postponed suggesting that there are continued difficulties in finding a solution to the eurozone's woes. |
Cameron joins EU leaders for debt crisis talks in BrusselsDavid Cameron joined 26 other European Union leaders for crisis talks that will focus on deciding how much a new Greek bailout will cost and who will pay for it. |
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