Eurozone Debt

The Eurozone's Growth Is Still Chilling (PICTURE)

The Huffington Post UK | Asa Bennett | Posted 09.10.2013 | UK Politics

George Osborne may be celebrating the International Monetary Fund's decision to boost its UK economic forecasts by more than any other major economy, ...

EU/IMF Deal on Greek Debt Offers No Medium-term Solution

Martin Koehring | Posted 28.01.2013 | UK Politics
Martin Koehring

The IMF has reached an agreement to reduce Greece's public debt to below 110% of GDP by 2022 and to ensure its repayment. The compromise avoids the need for a haircut on Greek debt held by eurozone governments in the short term. However, the deal, if implemented successfully, exhausts most options available to reduce Greek debt other than an outright write-down of Greek government debt.

Stock markets Down, Borrowing Costs Up

PA | Posted 23.07.2012 | UK

Investors ran for cover on Monday as fears that Spain was next in line for a full-blown government bailout intensified. The FTSE 100 Index was more...

Spain's Banks To Receive EU Bail Out Funds

PA | Posted 29.06.2012 | UK

European leaders today threw a lifeline to Spain - agreeing that its tottering banks should have direct access to EU bail out funds without adding to ...

Santander UK Downgraded By Moody's Amid Growing Eurozone Turmoil

PA/Huffington Post UK | Posted 18.05.2012 | UK

The financial turmoil on the continent gathered pace on Friday after a key agency downgraded the credit rating of 16 Spanish banks, including the debt...

Germany's Desperate Plans Spark Fears Over 'Economic Occupation' In Europe

Huffington Post UK | Peter Guest | Posted 31.01.2012 | UK

Greece roundly rejected a German plan, revealed last week, to hand power over the country's budget to the European Union as its failure to push throug...

Germany Preaches Moral Hazard To Greece, But May Have To Pay Anyway

Huffington Post UK | Peter Guest | Posted 27.03.2012 | UK

European leaders have gathered in Davos for the World Economic Forum, and have been talking tough on Greece, as the country's attempts to fix its brok...

Greek 'Haircut' Deal Within Touching Distance

Huffington Post UK | Peter Guest | Posted 20.01.2012 | UK

Hopes are rising that an agreement to write off large amounts of Greece's debt can be reached in the near term, easing growing concerns in the markets...

Global Economy Slowing Down: World Bank

Huffington Post UK | Peter Guest | Posted 18.01.2012 | UK

The global economy is heading for a slowdown, the World Bank said on Wednesday, as the eurozone's sovereign debt crisis and weak growth in other major...

Greece Faces Default As Bondholder Negotiations Drag On

Huffington Post UK | Peter Guest | Posted 17.01.2012 | UK

Greece will default on its debt obligations, senior figures at Standard and Poor's and Fitch, the rating agencies, said, as the country prepares for a...

Au Revoir Bazooka: Euro Bailout Fund Downgraded

Huffington Post UK | Peter Guest | Posted 17.01.2012 | UK

The eurozone's bailout fund, the European Financial Stability Facility (EFSF) has been downgraded by the rating agency, Standard & Poors (S&P). The mo...

Italy Sees Cost Of Borrowing Fall Out Of 'Danger Zone'

Huffington Post UK | Peter Guest | Posted 29.12.2011 | UK

Italy saw its cost of long-term borrowing fall slightly in an auction on Thursday morning. The country sold €2.5bn (£2.1bn) worth of 10-year bonds ...

Has 'Super' Mario Draghi Given The Eurozone A Christmas Miracle?

Huffington Post UK | Peter Guest | Posted 21.12.2011 | UK

A new lending programme from the European Central Bank has been hailed as quantitative easing by the back door, causing markets to rally on fresh hope...

ECB Chief Dampens Speculation On Bond Buying, Warns On Bank Fundraising

Huffington Post UK | Peter Guest | Posted 14.02.2012 | UK

Mario Draghi, the president of the European Central Bank (ECB) has indicated once again that the institution's bond buying programme is "neither etern...

Stocks, The Euro And Italy Hammered As Markets Wait For The Bazooka

Huffington Post UK | Peter Guest | Posted 14.12.2011 | UK

European stocks took a hammering on Wednesday, as hopes began to wane that the European Central Bank (ECB) would be given a license to expand its bond...

As Markets Demand Solutions, The EU Struggles For Democratic Legitimacy

Huffington Post UK | Peter Guest | Posted 14.12.2011 | UK

Its economics, clearly, has run ahead of its politics, but the financial crisis has highlighted another existential threat to the EU - its legitimacy ...

US Concerned About Euro Crisis But Not Britain's New 'Position'

The Huffington Post UK | Paul Vale | Posted 11.02.2012 | UK Politics

William Hague and Hillary Clinton have defended the special relationship between the UK and the United States at a meeting in Washington. The forei...

Cameron Vetos Eurozone Agreement After Night Of 'Bad-Tempered' Talks

The Huffington Post UK | Paul Vale | Posted 09.12.2011 | UK

French President Nicolas Sarkozy hit out at David Cameron's "unacceptable" demands following a night of difficult talks in Brussels. After clashin...

David Cameron Renews Calls For A 'Big Bazooka' On Eurozone Crisis

Huffington Post UK | Posted 02.12.2011 | UK Politics

David Cameron has re-iterated his calls for a "big bazooka" to help solve the eurozone crisis as the chancellor said a resolution to the turmoil would...

No Respite For Investors As French, US Concerns Weigh On Markets

Huffington Post UK | Peter Guest | Posted 21.11.2011 | UK

Hopes that a change of government in Spain would relieve pressure on European markets have proven unfounded, as shares across the continent traded dow...

Italy's Borrowing Costs 'Pushing World Economy Into Dangerzone'

Huffington Post UK | Peter Guest | Posted 09.01.2012 | UK

The collapse of confidence in Italy's economy has created a hazardous situation for the world economy, analysts said on Wednesday, as the Berlusconi g...