eurozone
IMF downgrades growth forecast AGAIN as Balls warns of “heavy long term price” of failure
The IMF downgraded its UK growth forecast today for the third time in under a year.
As Spanish bond yields break 7%, the eurozone banking deal begins to unravel
A week ago, Spain secured an advantageous bank deal to drive down soaring bond yields: today, Spanish securities broke the 7% threshold. What's gone wrong?
More drama for Europe’s leaders as EU unemployment figures hit record high
Pressure is on the European Central Bank (ECB) this week after new statistics show unemployment figures are still rising across the European Union.
After Italy and Spain play hardball, Europe is a step closer to issuing eurobonds
At an overnight EU summit on the debt crisis, Monti and Rajoy face Germany down, securing direct access to bailout funds for struggling banks.
Hollande and Merkel move closer – but remain divided on solution to euro crisis
François Hollande flexed his political muscles last night at the EU summit in Brussels with a call to support Spain and Italy in their time of financial crisis.
George Osborne is now talking about Greek exit, having previously criticized loose talk
George Osborne is now talking up Greek exit, having previously criticized loose talk