Anger after head of eurozone finance ministers says southern Europe blew cash on ‘drinks and women’ (welcome to my life)
Jeroen Dijsselbloem, the Dutch finance minister who is also head of eurozone finance ministers CREDIT: AFP Telegraph Reporters Telegraph 21 MARCH 2017 The head of the eurozone’s finance ministers has … Continue reading
EU faces crisis as IMF warns Greek debts are on ‘explosive’ path
Greece’s debts are going to mount unsustainably, the IMF believes, unless the country undertakes serious reforms – and receives more bailouts from its eurozone neighbours CREDIT: MARKO DJURICA/REUTERS Tim Wallace … Continue reading
Eurozone ‘destruction’ necessary if countries are to thrive again, warns former ECB hawk
Mr Stark called for “less centralisation” of policies as he said the eurozone was unsustainable in its current form CREDIT: AFP Szu Ping Chan Telegraph 29 JANUARY 2017 The eurozone … Continue reading
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
Brexit “shock” threatens to do far more damage to the European economy than to Britain
JEREMY WARNER Telegraph 3 SEPTEMBER 2016 Despite Brexit, Britain may outgrow the eurozone in the third quarter Oh to be a fly on the wall as the Office for … 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
Near zero eurozone inflation hands ECB ‘green light’ for fresh stimulus boost
Mario Draghi, president of the European Central Bank, expected to announce new measures to promote growth and fight low inflation The giant Euro symbol stands outside the headquarters of the … 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
EU ignores economic threat of Brexit as eurozone growth set to falter
Brussels assumes “no policy change” on British membership in its latest economic forecasts for Europe, cutting growth forecasts Pierre Moscovici, the EU’s economics chief, said the Commission would not speculate … 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
![The Pleasure Lounge is still closed 10 days after the police raids [now a Chinese massage place called White Lily Spa]](https://kingslandrogue.files.wordpress.com/2013/12/woman-stands-in-the-entrance-of-the-white-lily-spa-and-massage-parlor-ftj993.jpg?w=40&h=40&crop=1){kind=small}
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