The eurozone is turning into a poverty machine
MATTHEW LYNN Telegraph 24 OCTOBER 2016 The fact that poverty levels are rising so fast in what were prosperous countries is shocking There are constant bank runs. The bond markets … Continue reading
Eurozone core inflation fall raises prospect of ECB stimulus measures
Underlying inflation in single currency area was lower year on year in July, despite action taken by bank over past 18 months The headquarters of the European Central Bank in … Continue reading
Fresh ECB stimulus set to hit Europe’s biggest banks
Further interest rate cuts will hurt profit margins at the eurozone’s largest and safest lenders The European Central Bank is set to unleash more stimulus this week Photo: EPA/FRANK RUMPENHORST By … Continue reading
Eurozone recovery picks up speed as ECB readies stronger stimulus
Hopes of interest rates cuts and a pumped-up quantitative easing scheme could boost the euro area recovery ECB President Mario Draghi (left) has hinted that stronger stimulus could be on … Continue reading
Time for more eurozone QE? Five charts you need to see before the ECB could unleash more firepower on Europe
Six months on from the start of its bond-buying blitz, the European Central Bank is poised to reaffirm its commitment to do ‘whatever it takes’ The ECB kicked off its … Continue reading
Whether Greece votes yes or no, the euro cannot survive in its current form
Best case scenario? The EU will undergo years of painful convulsions, precipitating a new treaty that imposes greater centralisation and restrictions on the fiscal independence of nation states If the … Continue reading
Greek crisis: was the euro always a bad idea, a cause of Europe’s woes?
A ‘misconceived failure’ from the start… or a true ‘public good’: our experts put the single currency in the dock ‘Economic catastrophe’: beleaguered Greek prime minister Alexis Tsipras at a … Continue reading
Berlin insists only Europe can rescue the Greeks as ECB injects bumper emergency cash to banks
Wolfgang Schaeuble says the Troika are not to blame for Athens’ cash crisis, insisting the country had long been “living above its means” Greek five-cent euro coin depicting a tanker … Continue reading
ECB hits out at Greek ‘blackmail’ claims as Merkel holds steady in bail-out demands
Mario Draghi denies asphyxiating the cash-strapped government after Greek PM repeats Nazi reparations demands in Berlin Angela Merkel maintained Greece had to commit to a reform programme in return for … Continue reading
Currency wars threaten Lehman-style crisis
Inside the new European Central Bank headquarters in Frankfurt, central bankers are increasing the chances of another Lehman-style crisis The euro plunged towards parity with a surging dollar this week … Continue reading
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