UK Euro

It's Oh So Quiet - Why Is Nobody Commenting On The Crisis?

The Huffington Post UK | Chris Wimpress | Posted 04.01.2012 | UK Politics

The world appears to be holding its breath ahead of a vote of confidence in a small southern European country, the results of which could have serious...

Greek Crisis: Markets Rise After Bailout Referendum U-Turn

PA | Posted 03.01.2012 | UK

Investors have returned to the market amid reports Greece was increasingly likely to call off its referendum on the eurozone rescue package. The FT...

Greek Crisis: George Papandreou Asked To Resign By Leader Of Opposition

Huffington Post UK | Michael Rundle | Posted 03.01.2012 | UK

Greek Prime Minister George Papandreou could leave office if a coalition government is formed following a confidence vote in parliament on Friday, acc...

David Cameron Outlines 'All-Out Mission' To Kick-Start UK Economy

PA | Posted 30.12.2011 | UK Politics

David Cameron has promised an "all-out mission" to kick-start major infrastructure projects and get the economy moving. The Prime Minister said he ...

Cameron: London Is 'Under Constant Attack' From Brussels

The Huffington Post UK | Paul Vale | Posted 27.12.2011 | UK Politics

The rift between David Cameron and eurozone leaders is set to widen following comments from the prime minister criticising the European Union for push...

Europe's Debt Haircut

Michael Hewson | Posted 27.12.2011 | UK Politics
Michael Hewson

Wednesday night's deal by the EU leaders came about as a result of the increasing Government pressure on the banks to reduce the bill run up by the Greek government. The banks accepted a "voluntary haircut" of 50% on their holdings of Greek government debt.

Eurozone Deal 'Exceeds Expectations' But Questions Remain

Huffington Post UK | Peter Guest | Posted 27.12.2011 | UK

Herman van Rompuy, the European Council president, was keen to manage expectations on Thursday morning, saying that the agreement thrashed out by euro...

Eurozone Leaders Reach Agreement On Greek Debt

The Huffington Post UK | Paul Vale | Posted 26.12.2011 | UK

European leaders have reached a three-pronged agreement to resolve the eurozone debt crisis, including a deal that will halve Greek debt. Banks we...

Leaders Reach Three-Pronged Agreement To Save Eurozone

BBC | Posted 26.12.2011 | UK

European leaders have reached a "three-pronged" agreement which they say is vital to resolving the region's massive debt crisis. After marathon tal...

Fist Fight In Italian Parliament

Huffington Post UK | Peter Guest | Posted 26.12.2011 | UK

A fist fight broke out amongst deputies in the Italian parliament during a tense debate on the country’s austerity reforms, ahead of a critical meet...

Eurozone Crisis: Markets Wait For Europe’s Grand Bargain

Huffington Post UK | Peter Guest | Posted 26.12.2011 | UK

Markets are holding their breath as the leaders of the European Union and 17 eurozone member states meet on Wednesday to try to thrash out the details...

The Euro Crisis and Democracy

Charles Jenkins | Posted 24.12.2011 | UK Politics
Charles Jenkins

Although democracy may be the least bad system of government, it does not have all the answers, particularly if the democratic desires of two or more countries are in conflict with each other.

Sarko And Cameron Have Bust-Up Over Bailout

PA | Posted 23.12.2011 | UK Politics

David Cameron has been involved in a furious row with French president Nicolas Sarkozy as tensions over the eurozone crisis boiled over. The two me...

How Screwed Are We This Week?

Huffington Post UK | Peter Guest | Posted 21.12.2011 | UK

At the time of writing, the world hasn’t ended, so Harold Camping, whose second attempt at calling the date of the apocalypse put a cross on Friday ...

Tory Peer Offers £250,000 Prize For Euro Exit Route

Huffington Post UK | Peter Guest | Posted 18.12.2011 | UK Politics

Simon Wolfson, the Conservative peer, has created a £250,000 prize for any economist who can find “an orderly unwinding of the euro”. Writing ...

EU Summit Crucial To Solving Crisis, Says Osborne

PA | Posted 15.12.2011 | UK Politics

Eurozone leaders must take "impressive" action next weekend to get a grip on the crisis wracking the global economy, George Osborne said. The Chanc...

Silvio Berlusconi Survives Confidence Vote

BBC | Posted 14.12.2011 | UK

Italian Prime Minister Silvio Berlusconi has won a key confidence vote in parliament, sparked by questions over his handling of the economy and person...

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.

EU Needs a Plan B for Life Beyond the Euro, and Fast

Iain Anderson | Posted 10.12.2011 | UK Politics
Iain Anderson

Another weekend, another set of 'solutions' for the Eurozone hammered out in Paris or Berlin. Not that we know the details yet - of course not.

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...

Markets Rattled As Greece Misses Deficit Target

Huffington Post UK | Peter Guest | Posted 03.12.2011 | UK

Greece has missed a key condition of its bailout package, rattling financial markets and adding to fears that the country will not receive essential a...

David Cameron 'Will Not Support' Referendum On EU Membership

PA | Posted 02.12.2011 | UK Politics

Prime Minister David Cameron has said he would not support a referendum on UK membership of the European Union. It came after it emer...

Would a UK Within the Eurozone Have Voted to Bail it out? Probably not

Iain Anderson | Posted 29.11.2011 | UK Politics
Iain Anderson

Most British voters watching the evening news last night will have breathed a sigh of relief. And their politicians will have too.

Faster Than the Speed of Light: Quantum Economics

Marcus Moore | Posted 28.11.2011 | UK
Marcus Moore

DATA from underground vaults in Europe is baffling economists. Thousands of experiments have led to a startling new discovery. Money, they now believe...

Clegg To Warn Of Dangers Of Two-Tier Europe Following Eurozone Crisis

The Huffington Post UK | Chris Wimpress | Posted 28.11.2011 | UK Politics

The Deputy Prime Minister Nick Clegg has warned of the dangers of a "rupture" within the European Union, arguing that any hasty decisions on the Euroz...