Throughout this summer, the Eurozone has been navigating in stormy waters, with only remote hope that the volatility of financial markets might calm down in the Autumn.

Joining the euro would have been a "huge, huge error", Nick Clegg has admitted. The Deputy Prime Minister, previously a strong advocate of single c...

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It seems that financial matters may dominate the rest of this year's news stories as the Eurozone crisis looks to rumble on from Frankfurt down to Athens.

The economic crisis is proving useful for those who want to see the European Union make the final and logical leap to becoming a unitary state, with a single currency and a single government.

Leaving the Euro - even on a temporary basis - is not only a legal and logistical minefield, a depreciating drachma or punt, would mean the current debt mountain mushrooming to even more nightmarish proportions.

The extraordinary swings in global markets over the last week or so were typified by yesterday's extreme movements - the FTSE100 spent most of the morning up 100 points, before dropping back 40 and then rallying again and more. In the US Dow futures fluctuated over a 300 point range before the open.

PRESS ASSOCIATION -- UK Chancellor George Osborne has welcomed the new bailout package for Greece, commending eurozone leaders on their "decisive econ...

PRESS ASSOCIATION -- UK Chancellor George Osborne has welcomed the new bailout package for Greece, commending eurozone leaders on their "decisive econ...

David Cameron must be thinking that the hacking scandal is the worst thing to happen to his Premiership.

There is only one number you need to know to understand just how much is at stake as the leaders of the euro zone gather on Thursday for yet another attempt to come up with a rescue plan for the euro. Seven.

PRESS ASSOCIATION -- The eurozone debt crisis is "much more serious" than the continuing furore surrounding phone hacking at The News of the World an...

It is true to say that the European Union is in one hell of a mess. The credit rating agencies have downgraded Ireland's debts to junk, the Greeks are defaulting, the Italians are in chaos and rumours are abound about the possibility of a massive constitutional change in order to defend its dreams.