Sovereign Debt Crisis

Politics of More Importance Than Economics for the Eurozone

Jeremy Cook | Posted 14.10.2014 | UK Politics
Jeremy Cook

Mario Draghi reminded everyone gathered in Frankfurt and listening in around the world that it is not the ECB's decision as to whether to go ahead with asset purchases. Firstly, Eurogroup leaders would have to vote on it.

Moody's Cut's Britain's Credit Rating; UK Loses Coveted AAA Status

Sheldon Filger | Posted 27.04.2013 | UK Politics
Sheldon Filger

The British economy, still struggling from the aftereffects of the 2008 Global Economic Crisis and financial disaster, now has received another boot in its ribcage. Moody's, one of the three major credit rating agencies, has cut its assessment of the UK's sovereign debt form AAA to Aa1.

Bad Traders Are as Responsible as Governments for the Current Sovereign Debt Mess

Peter Morgan | Posted 24.08.2012 | UK Politics
Peter Morgan

The emphasis of the blame for the current financial situation across the eurozone has been put on governments for issuing large amounts of debt, which have become excessive to the point of collapse. However I am not so sure they are solely to blame. There are two sides to a debt contract, one is the issuer and the other is the purchaser.

Eurozone Crisis: Metallica Move European Tour Forward To 2013 Over Euro Currency Fears

Huffington Post UK | Michael Rundle | Posted 06.02.2012 | UK Entertainment

With the global economy in seemingly endless crisis, the world's biggest rock bands are responding in the only way they know how. No, they're not ...

UK Will Miss Deficit Targets, But Blaming Europe Is 'Nonsense'

Huffington Post UK | Peter Guest | Posted 17.11.2011 | UK

The government's deficit reduction targets are likely to be missed as growth undershoots official projections. But analysts said pinning the blame on ...

The Global Economy Approaches "Stall Speed"

Satyajit Das | Posted 11.12.2011 | UK
Satyajit Das

In 2008, panicked governments and central banks injected massive amounts of money into the economy, in the form of government spending, tax concessions, ultra low interest rates and "non-conventional" monetary strategies - code for printing money.

World Markets Slide On Fears Of Greek 'Contagion'

Huffington Post UK | Peter Guest | Posted 04.12.2011 | UK

Markets hit 15-month lows on Monday, the first day of trading in the fourth quarter of 2011, on fears that a near-inevitable Greek default may come so...

Fears Of A Eurozone Split As Greece Plumbs New Depths In Debt Crisis

Huffington Post UK | Michael Rundle | Posted 28.11.2011 | UK

Concerns are growing of split in the eurozone over the terms of Greece's second 190 billion euro (£166 billion) bailout, as the president of the Euro...

Italy Downgraded By Standard & Poor's As Debt Crisis Deepens

The Telegraph | Posted 19.11.2011 | UK

The news came after panic gripped global markets as a fresh showdown over Greece renewed fears that the eurozone will be plunged into crisis. The r...