Ex-Chancellor: 'Euro Needs More German Aid'

13 December 2010 10:34

...with the voters." His comments came as eurozone nations struggle to calm jumpy financial markets. After the bailouts of both Greece and Ireland fears continue that other nations including Portugal, Spain and Italy may soon follow suit. European governments...

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  • Irish Crisis 'Could Spell Death Of Eurozone'

    23 November 2010 10:46

    ...the debt is going to have to be restructured." Professor Geoffrey Wood, a former Bank of England economist, said the very fact that Greece and now Ireland have needed rescuing from collapse, was a sign the euro had already failed. "The euro hasn't survived...

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  • Greece Hits Out Over Money Printing Nations

    8 November 2010 10:07

    ...2011. Pressure is now growing on the Bank of England to make a similar move. Mr Papaconstantinou's comments came just hours after Greece's prime minister backed off from his threat to call a snap election. George Papandreou had said he would call a national...

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  • Greece Halts Foreign Mail Over Parcel Bombs

    3 November 2010 11:22

    ...Mrs Merkel was delivered to offices by the UPS courier company and spotted by staff who alerted police. It had been posted from Greece two days ago. The parcel addressed to Mr Berlusconi was discovered on a TNT flight, forcing the plane heading to Paris to...

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