According to the old adage, we are supposed to beware Greeks bearing gifts. We now learn that we also have to beware Greeks seeking them. This crisis is the first clear expression of a problem present at the foundation of the euro. 14 Feb 2010 Surging demand in China, India and the Middle East is ensuring another global crunch within three or four years. 18 Feb 2010 Record contraction raises concerns that the Federal Reserve may have jumped the gun by withdrawing emergency stimulus. 17 Feb 2010 The EU has shown its righteous wrath by stripping Greece of its vote at a crucial meeting next month. 16 Feb 2010 European credit markets are flashing the most serious warnings signs in a year as the yields on risker bonds rise sharply and a string of companies cancel share flotations, raising fears that the recovery may falter in coming months. 16 Feb 2010 European finance ministers told Greece on Tuesday it may need to take further steps to bring a swollen debt under control and calm "irrational" financial markets, as wage cuts already announced by Athens sparked another strike. 16 Feb 2010 Brussels has given Greece two weeks to answer allegations that it used complex derivatives to mask its public debt. 15 Feb 2010 14 Feb 2010 For almost 18 months now, the UK has responded to sub-prime by taking what technocrats might call an "exceptional policy stance". The fiscal and monetary measures implemented in our name have been wildly expansionary. 20 Feb 2010Roger Bootle
Roger Bootle is one of the City's leading economists. In his column he sheds light on how the UK and world economies are performing and the challenges facing the world's policymakers.
FROM ROGER BOOTLE
The current Greek crisis is merely act one of a much wider tragedy
Ambrose Evans-Pritchard
Ambrose Evans-Pritchard has covered world politics and economics for a quarter century, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels. He is now International Business Editor in London.
LATEST FROM AMBROSE EVANS-PRITCHARD
Barclays and BoA see looming oil crunch
US bank lending falls at fastest rate in history
Greece loses EU voting power in blow to sovereignty
Credit markets flash hottest warning signal since crisis
Eurozone gives Greece a month to make drastic cuts
EU orders Greece to cut deeper to control deficit
Germany growls as Greece balks at immolation
Liam Halligan
Liam Halligan's column tackles head on the key issues facing the British and global economy.
LATEST FROM LIAM HALLIGAN
We've got to see sense on the dangers of reckless borrowing
Sunday, 21 February 2010
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