Euro Crisis

LISTEN: Soros Warns EU 'May Not Survive' Financial Crisis

The Huffington Post UK | Asa Bennett | Posted 12.03.2014 | UK Politics

The European Union "may not survive" the "long-lasting" economic stagnation caused by the eurozone crisis, billionaire hedge-fund manager George Soros...

When the Sovereign Debt Bubble Bursts, Things Will Get Nasty

Harry Cooper | Posted 08.07.2013 | UK Politics
Harry Cooper

What do Greece and an unemployed homeowner in Arizona have in common? They are both bankrupt with no hope of ever being able to pay back what they owe. As I wrote this, I realised it sounded as though I were making a joke (and a bad one at that). The reality is, unfortunately, not funny in any sense, but actually far more worrying.

Cyprus and the Economic Crisis: Time to Put People First

European Parliament Web Team | Posted 25.05.2013 | UK Politics
European Parliament Web Team

After endless hours of discussions, litres of coffee and a copious amount of frustration, an agreement on the rescue of Cyprus's banks has finally been hammered out.

Orthodox Church Offers To Help Pay For Cyprus Bailout

The Huffington Post UK | Posted 21.03.2013 | UK

The Orthodox Church of Cyprus has said it is prepared to mortgage its property portfolio to help overcome political deadlock in the island's bailout c...

Mehdi's Morning Memo: It's Hurting, But Is It Working?

Huffington Post | Mehdi Hasan | Posted 20.03.2013 | UK Politics

The ten things you need to know on Wednesday 20 March 2013... 1) IT'S HURTING, BUT IS IT WORKING? George Osborne will present his fourth Budget ...

Cypriot Parliament Rejects Levy On Savers Bank Deposits

The Huffington Post UK | Posted 19.03.2013 | UK

The financial future of Cyprus is in turmoil after the country's parliament voted down plans to impose a levy on savers' bank deposits that were impos...

RAF Flight Carrying One Million Euros Heads To Cyprus

PA/The Huffington Post UK | Posted 19.05.2013 | UK

A plane carrying one million euros (£852,600) has been sent to Cyprus as a "contingency measure" to help troops and their families. The Ministry o...

Cyprus: Shocking Reports Of People Being Robbed By Banks

The Huffington Post UK | Andrea Mann | Posted 18.03.2013 | UK Comedy

Millions of people across Cyprus are being robbed by their banks, HuffPost UK Comedy has learned. The robberies have been taking place at cash - ra...

The EU Does Not Even Know How Much Debt It Is In!

Peter Morgan | Posted 08.04.2013 | UK Politics
Peter Morgan

You may think the title of this article is ridiculous, but sadly it is not. One of the problems seen so frequently in the EU and Eurozone in particular is the difficulty of collecting correct or even reasonably accurate data.

The Year of the Zombie?

Ken Starkey | Posted 13.03.2013 | UK Politics
Ken Starkey

We hear less of vampires these days. The new creature dominating the scene is the zombie. The banking crisis has left economies that are "zombified", living dead, only kept "alive" by the injection of the life-blood of credit by central banks.

Teargas And Petrol Bombs In Athens

The Huffington Post UK | Chris York | Posted 18.10.2012 | UK

A man died during violent clashes in Athens as 40,000 strikers pitted themselves against riot police on the streets of the Greek capital. Petrol bo...

Has the EU Failed its Original Agenda?

Peter Morgan | Posted 24.10.2012 | UK Politics
Peter Morgan

The EU was supposedly set up to create a closer political union between the countries in Europe after the Second World War, in an attempt to avoid a similar scenario happening again in the future.

A Marathon Challenge

Neil Prothero | Posted 16.10.2012 | UK Politics
Neil Prothero

It was great while it lasted. For two weeks the London Olympics provided welcome respite from the economic gloom, political travails and banking scandals that have become a depressingly regular part of the news agenda since the Great Recession of 2008-09.

'Grexit' Remains Major Risk

Martin Koehring | Posted 03.10.2012 | UK Politics
Martin Koehring

In June, a pro-euro Greek government was sworn in, pledging to bring the country's public finances back on track to avoid a 'disorderly' default and eventual Greek euro exit ('Grexit').

Averting a Third Financial Crisis

Kieran Brett | Posted 30.09.2012 | UK Politics
Kieran Brett

The world may be sleepwalking into a third financial crisis and it is not far away. Within the last five years, we have witnessed two global financial crises in banking and in the Eurozone.

Italy and the Eurozone Crisis: Where to After Mr Monti?

Robert O'Daly | Posted 18.09.2012 | UK Politics
Robert O'Daly

If the situation in the eurozone deteriorates further as the Italian general election gets nearer, there is a high risk of severe financial market turmoil that could push Italy back to that brink of financial and economic collapse where it found itself last November.

A Crisis at Home and Abroad

Neil Prothero | Posted 04.09.2012 | UK Politics
Neil Prothero

The chancellor of the exchequer, George Osborne, has staked the British government's reputation on reducing the country's record-high peacetime fiscal deficit (11.4% of GDP in 2009). He has succeeded in making modest inroads since mid-2010, albeit by front-loading less politically contentious measures.

The Euro-Crisis a Coming Crisis for NATO

Dr Ian Kearns | Posted 29.08.2012 | UK Politics
Dr Ian Kearns

As EU leaders met for their latest summit this week, it was becoming increasingly clear that more is at stake than the future of the single currency.

Markets Rise After Surprise Euro Deal Is Reached

PA | Posted 29.06.2012 | UK

Financial markets have risen after European Union leaders threw a lifeline to the eurozone's tottering banks. David Cameron welcomed the deal hamme...

Germany in Europe

Peter Kellner | Posted 29.08.2012 | UK Politics
Peter Kellner

There is one figure in a poll conducted this week by YouGov-Germany that could turn David Cameron green with envy.

Someone Had to Blink - Perhaps Its a Pity It Had to Be Frau Merkel

Iain Anderson | Posted 28.08.2012 | UK Politics
Iain Anderson

Angela Merkel rushed off from this week's EU Summit without commenting on the deal done to shore up the financial system. Hardly surprising - other EU leaders like Ireland's Enda Kenny have described this as a "seismic shift" in policy - and we all know who he was talking about - the German leader.

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.

Europe's Need to Become Competitive

David Lidington | Posted 26.08.2012 | UK Politics
David Lidington

Neither Britain nor Sweden is part of the eurozone. But we both want and need it to recover and succeed.

The Wealth of Europe

His Holiness Karmapa Thaye Dorje | Posted 19.08.2012 | UK Politics
His Holiness Karmapa Thaye Dorje

The financial crisis in Europe, and the suffering caused by it, is something that has increasingly drawn my attention. The population of young people - my own age group - is particularly affected by it. Therefore, I believe that questions such as 'What is wealth?' and 'What makes us wealthy?' are more relevant today than ever before.

European Commission Denies 'Script' For Greek Euro Exit

PA/The Huffington Post UK | Posted 12.06.2012 | UK

The European Commission denied on Tuesday that it was preparing a "script" for Greek exit from the eurozone. In the build up to a crucial Greek gen...