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Endgame II: Europe’s Faustian pact
February 13, 2012 9:12 pm 9 Comments
Greece has voted in favour of the EU/IMF austerity package. But why is Germany pushing stability throughout Europe - and what is it hoping to achieve?
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A French downgrade is bad for Sarkozy and Germany
January 13, 2012 4:31 pm 17 Comments
If rumours of a potential downgrade of France's AAA credit rating are true, it is of huge significance to the eurozone's fitful efforts at a long-lasting rescue, writes Economics Editor Faisal Islam.
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Euro-bazooka disarmed, here comes new Euro-bazooka 2.0
December 7, 2011 7:02 pm 11 Comments
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.
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Calculating the cost of an euro catastrophe
December 1, 2011 8:36 pm 28 Comments
As the Bank of England Governor warns UK banks to build up their reserves the eurozone catastrophe talk is ratcheting up in the countdown to the European Council next Friday. Economics Editor Faisal Islam reports.
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Europe’s central bankers spurn Cameron’s debt advice
November 17, 2011 4:20 pm 4 Comments
When David Cameron travels to Berlin to meet Chancellor Merkel, top of the agenda will be coaxing the European Central Bank in Frankfurt to act as last resort lender to the Eurozone's troubled nations reports Economics Editor Faisal Islam.
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The 1tr mark note – symbol of Germany’s fears
November 12, 2011 12:26 pm 12 Comments
German politicians, reared on the cult of low debt and low inflation, fear that the European Central Bank is losing its Bundesbank DNA, blogs Faisal Islam.
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German ‘Yes’ offers Merkel scant relief
September 29, 2011 11:30 am 4 Comments
Greece is just one problem. The bigger picture is that markets seem to have factored in the expectation of a Super-Bazooka once Germany ratifies the EFSF.
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Why a eurobond would solve the debt crisis
July 21, 2011 4:46 pm 8 Comments
The introduction of a eurobond would solve the eurozone debt crisis, blogs Faisal Islam - and would lead to "the phase fiscalisation of Europe".
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Europe's 'huge decision' over the euro
May 19, 2010 7:49 pm 14 Comments
Faisal Islam blogs on how the balance of power has shifted within the eurozone.
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Awaiting a Greek bailout
April 28, 2010 8:59 pm 15 Comments
Much of the market finally lost patience today with the umming ahhing, feet-dragging, and generalised incompetence of Europe’s multi-headed economic governance. We face an epic moment in world economics, every bit as critical as the decision to bailout Bear Stearns, and then not to bailout Lehman Brothers. “Sheer panic” was the reaction of one [...]

