UK Bailout

Reality TV Now Represents Our Greatest Chance At Controlling Our Lives

Gerry Flynn | Posted 17.07.2015 | UK Politics
Gerry Flynn

So I am to spend the final throes of being 23 trundling slowly through revolving doors like some illiterate, gaping bovine waiting for a lobotomy that...

Why Bail-out Is Not a Victory for Either Greece or Eurozone

Preetam Kaushik | Posted 17.07.2015 | UK
Preetam Kaushik

For the time being the deal prevented Greece's exit from eurozone and endorsed the notion of a united European entity. But how long this can be sustained is a question that even the strongest empathisers of a collective European reality would want to conveniently skip.

The Greek Bailout Deal Resolves Nothing

John Springford | Posted 14.07.2015 | UK Politics
John Springford

The new bailout deal signals Greece's capitulation to its creditors, something which has important ramifications for the bailout's success. Even if the deal makes it through the Greek parliament in the coming weeks, the programme's economic incoherence will make it fall apart.

What Is Europe Without Greece?

Stephen T. Hall | Posted 13.07.2015 | UK Politics
Stephen T. Hall

One thing is clear, that Alexis Tspiras must stand firm in sweeping waters and against the rising tide. Historians will often say that European man is Greek in provenance. As citizens of Europe we know that Syriza is making decisions in constrained space and time, and that they should be proud -- whatever the outcome -- that they have sought to represent a demographic that extends beyond Greece and touches the heart of Europe.

European Union: Besieged From All Sides

Stephen T. Hall | Posted 09.07.2015 | UK Politics
Stephen T. Hall

It is of interest that in rejecting the bailout deal in their historic referendum the Greek people did not reject either the Euro or the European Union. Despite the economic unrest that Greece has experienced over the last few years, OXI was, in its purest form, an affirmation -- the Greek people still hope the EU will listen to them.

Tsipras - Hero of the Left or Just Reckless?

Kumail Jaffer | Posted 03.07.2015 | UK Universities & Education
Kumail Jaffer

20th of June saw the London anti-Austerity protests as one of the largest London demonstrations in years, as people turned out to stand against Camero...

The Greek Debt Crisis Explained In Three Minutes

The Huffington Post UK | Eve Hartley | Posted 02.07.2015 | UK

With a fund to bail it out currently standing at €1,300,000 on Indiegogo, it's fair to say that Greece has faced better economic times. The dubbe...

Greece: Drama In Overtime

Νικόλας Μακαρέζος | Posted 01.07.2015 | UK Universities & Education
Νικόλας Μακαρέζος

I deeply believe in Greece inside Europe of democracy, of altruism, of common institutions and firm relationships. Greece and its bond with Euro was born of respect and faith and by no means should it die of arrogance.

'Hidden Chancellor' George Osborne Sends In A Junior To Defend RBS Sale

The Huffington Post UK | Owen Bennett | Posted 11.06.2015 | UK Politics

George Osborne was branded a ‘hidden Chancellor’ today after failing to turn up to the Commons to defend selling the public stake in RBS for less ...

QE and the Hangover From the All-You-Can Eat Bailout Buffet

Naomi Kerbel | Posted 27.03.2015 | UK
Naomi Kerbel

Some fear the standoff with the Troika - the International Monetary Fund, the European Central Bank and the European Commission - could derail the Greek recovery and spread to other countries re-igniting the eurozone crisis. Whether smooth sailing or a rocky ride, the voyage will be memorable. Lifejackets at the ready.

We Need to Talk About Ireland

Colm OGorman | Posted 25.05.2014 | UK Politics
Colm OGorman

As I walked along another Dublin street last week, exactly three decades later, I remembered that younger me. And I reached out, back in time, to him: to remember him, and to bring him into my mind and my heart as I headed into the Mansion House.

Bail in Replacing Bail Out

Paulo Casaca | Posted 03.05.2014 | UK
Paulo Casaca

In a press release dated February the 19th addressing the so-called "single resolution mechanism" to be decided by the European institutions, the Council of the European Union stated, in what is perceived as a negotiation declaration towards the European Parliament, there was agreement between the partners that: "bail-in and not bail-out is the main guiding principle for bank resolution."

Risk Factor: Bankers, Benefits and Bailouts

Tony Mckenna | Posted 02.07.2013 | UK Politics
Tony Mckenna

Many of us are half-aware that such figures - these almost pantomime like caricatures of sloth and wretchedness - exist as a tiny minority, but the need to find a visible and sinister repository in which to place our fears is both seductive and satisfying

The European Destruction Of Cyprus Has Begun

Daniel Furr | Posted 25.05.2013 | UK Politics
Daniel Furr

Brussels have decided the unravelling of the Euro and the wider European Project is unthinkable; in order to save the post-World War II consensus, principles and agreements are now void. The euro must be saved at all costs. Merkel has resigned to accepting the end will justify the means; a banking and political union must occur, regardless of the path of misery that awaits the periphery.

Cyprus - The Thin End of the Wedge?

Iain Anderson | Posted 19.05.2013 | UK Politics
Iain Anderson

As I write, an MoD plane carrying one million Euros is being airlifted to Cyprus for UK military personnel. It must be a new and very literal definition of 'helicopter money'. And that's the problem. As long as policymakers continue to opt for radically different solutions in every case - then fear and loathing will never be far away from markets and now, once again, from savers.

'We Need Answers Before This Becomes A Chaotic Moment In EU History'

The Huffington Post UK | Tom Moseley | Posted 18.03.2013 | UK

Britain's Euro MPs have given a resounding thumbs down to the raid on saving accounts agreed by Cyprus. There were warnings the controversial move ...

Let the Music Play: What Can Bring Hope to the Greek People?

Julie Tomlin | Posted 22.04.2013 | UK Politics
Julie Tomlin

What happens when the mood of a whole nation can be characterised by hopelessness and despair? In Greece, where people have been on the receiving end of severe austerity measures and lived through six years of recession, it's a question that politics, as we know it, seems incapable of addressing.

The Eurozone: Raising a Political Deficit

Liam Atkinson | Posted 18.12.2012 | UK Politics
Liam Atkinson

Whilst those harmed by Greece's actions must have some channel of recompense, by refusing to accept a denizen's right to determine their own governance the European community are engaging in a form of authoritarian economic imperialism.

Spain is Finished

Victor Jimenez | Posted 13.12.2012 | UK
Victor Jimenez

Only buffoonery, folks. Yet, the disturbing, crude impression that the Spanish government falls to pieces while the economy of the country reaches its last legs is growing plausible as the month goes by.

RBS Boss Stephen Hester 'Disappointed' After Santander Pulls Out Of Deal

PA/Huffington Post UK | Posted 12.12.2012 | UK

The proposed sale of 316 RBS branches to Santander had collapsed after the Spanish banking giant pulled out of an agreed £1.65 billion purchase. T...

Greece Flogs London Property To Meet Conditions For Next Bailout

Huffington Post UK | Felicity Morse | Posted 19.09.2012 | UK

Greece is to begin selling off its state property from London to Eastern Europe as part of an agreement to continue receiving international aid, Busin...

Buying Time: Greece Pleads For More Time To Make Harsh Cuts

The Huffington Post UK | Posted 22.08.2012 | UK

The Greek Prime Minister has pleaded for "breathing space" to slash spending in the trouble nation, with talks about the country's future in the Euro ...

Pressure On Spain To Bow To Bailout

Daily Telegraph | Posted 02.08.2012 | UK

Italy’s leader Mario Monti is to make a last-ditch effort tomorrow to persuade Spain to swallow its pride and accept a formal rescue, hoping to clea...

What Can We Learn From the Cypriot and Spanish Bailouts?

Vincent Forest | Posted 28.08.2012 | UK
Vincent Forest

In the past two weeks, Spain and Cyprus have formally applied for eurozone rescue packages. Each case is a lesson for the eurozone and offers some indications of what the outcomes of the EU summit on June 28-29 should be.

Spain Makes Official Plea For Banking Bailout

Huffington Post UK | Felicity Morse | Posted 25.06.2012 | UK

Spain has formally requested a bailout to help prop up its beleaguered banking sector. The plea for international aid was made by Spanish economy m...