Debt costs surged across the eurozone periphery after the European Central Bank ruled out using "nuclear option" to stabilise the bond markets. 06 May 2010 The euro fell sharply and world markets continued to slide after the ECB failed to calm Greece contagion fears. 06 May 2010 The euro continued to weaken and bond investors remained nervous of ahead of a crucial European Central Bank meeting and a "crossroads" summit of eurozone leaders. 06 May 2010 Europe's debt markets are flashing danger signals after spreads on Iberian debt reached the highest level since the launch of the euro. 05 May 2010Ambrose 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
ECB paralysis rattles markets as debt costs hit new highs
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Sunday, 9 May 2010
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