How Greece exported a bank default to Cyprus
Cyprus bailout: the inside story of a president “humiliated” by EU bureaucrats half his age, and of a country pushed over the edge in order to protect Greece.
Cyprus bailout: the inside story of a president “humiliated” by EU bureaucrats half his age, and of a country pushed over the edge in order to protect Greece.
Chanting “Troika go home” to the White Stripes’ Seven Nation Army, Economics Editor Faisal Islam meets the kids leading the controlled anger in Cyprus at its bailout terms.
The economic crisis in Cyprus is leading to a number of flights. Economics Editor Faisal Islam sees a parallel with the economic landscape of America in the 1930s.
Anger is growing among Cypriots as they queue at cashpoints to withdraw their savings due to the bailout.
As Cyprus prises itself from the jaws of bankruptcy, the island’s savers face a big bill to dig the island out of its financial mess, reports Faisal Islam.
America faces a “fiscal nightmare” of tax rises and spending cuts, unless Republicans in the House of Representatives are willing to compromise.
If Spain accepts the humiliation of some outside oversight, ECB President Mario Draghi may have come up with an offer that allows the Eurozone to stagger through the all-important German elections
As Greece heads towards rerun elections, Channel 4 News Economics Editor Faisal Islam considers whether Europe is heading for a stormy political and economic earthquake
“I am not in, as the chancellor of the exchequer, a daily opinion poll contest and a daily popularity contest. I will tell you what I am engaged in. A daily contest with the rest of the world
Channel 4 News Economics Editor Faisal Islam says the European Financial Stability Facility bailout fund is being “quietly forgotten” in favour of the European Stability Mechanism.