Global markets and the euro fell heavily in a late sell-off on heightened fears over Europe's sovereign debt crisis. 14 May 2010 Fears intensify that tough new fiscal austerity measures required in some eurozone countries will derail recovery and spark social unrest. 14 May 2010 The euro hit 18-month lows against the dollar on fears that eurozone reforms would dampen a fragile recovery and spark social unrest. 14 May 2010 Deutsche Bank's Josef Ackermann said it would require “incredible efforts" to allow crisis-hit Greece ever to pay back its debt in full. 14 May 2010 Sterling lost ground on Friday on concerns over potential political tensions in the new coalition Government. 14 May 2010 Theo Paphitis and Deborah Meaden, two of the Dragons from the BBC's Dragons' Den, have warned the Government that any increase in capital gains tax on business assets would be a “betrayal” and would cost jobs. 14 May 2010 Coalition Government may have to impose £50bn of tax rises only months into its tenancy, with a VAT rise only the start. 14 May 2010Economics
The latest news, analysis and comment on the UK and global economy.
LATEST ECONOMICS NEWS
World markets, euro tumble as Europe triggers late sell-off
Euro at 18-month low as second bomb rocks Greece
Euro, global markets fall on austerity impact
Greece may never repay debt, says Deutsche Bank chief
Pound tumbles on fears of Tory split
Dragons' Den stars warn coalition over capital gains tax 'betrayal'
Coalition government may have to impose £50bn tax rise
Sunday, 16 May 2010
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