Greece
Merkel under pressure to ease Eurozone woesAngela Merkel is facing intense pressure from world leaders to allow European bailout funds to intervene directly in the markets to help Spain and Italy. |
Euro optimism shortlived as Spain's borrowing costs rise againOptimism from the Greek election on Sunday that saw pro-euro parties elected has proved shortlived as yields on both Spanish and Italian ten-year government bonds rise. |
Markets rally as pro-bailout party wins Greek pollMarkets across the world leapt with relief this morning after a further round of elections in Greece saw the pro-bailout conservatives take victory. |
Future of euro hinges on Greek election resultsGovernments across the globe are waiting for the results of the re-run of the Greek election that will dictate the next development in the euro debt crisis. |
Spain's ten-year borrowing costs briefly breach 7%Spain’s borrowing costs briefly breached seven per cent andreached record levels following yesterday’s downgrade by Moody’s to one notch above 'junk'. |
Spain becomes 4th eurozone country to require a bailoutSpain has called for an international bailout of up to €100 billion to help recapitalise its struggling banks ahead of a re-run of the Greek election. |
George Soros warns there is just 3 months left to save the euroBillionaire investor, George Soros has warned that there is just three months left to save the euro as domestic pressures in Germany mean further bailouts are not likely. |
Cameron leads UK contingency talks over euro debt crisisDavid Cameron met with senior officials yesterday to discuss how the UK would respond to a collapse of the single currency. |
Lloyd's of London 'plans for euro collapse'The chief executive of Lloyd's of London insurance market has admitted that the insurance market has made contingency plans to deal with a possible collapse of the euro. |
May: UK planning for rise in immigrants hit by euro debt crisisThe Home Secretary, Theresa May, says the UK is drawing up contingency plans for dealing with a possible rise in immigrants affected by the euro debt crisis. |
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. |
