Fitch Ratings warns that it may take massive asset purchases by the ECB to prevent Europe's crisis escalating. 17 Jun 2010 A group of 100 Italian economists has written an open letter warning that the EU austerity policies being imposed on Southern Europe may tip the region into a downward spiral, risking the disintegration of the monetary union. 17 Jun 2010 EU debt markets remain under stress after reports Spain is in secret talks for a support package of up to €250bn (£208bn), the largest rescue in history. 16 Jun 2010 Spain ups the ante in a high-stakes poker game with Germany, pushing for the release of EU stress test results for major banks. 15 Jun 2010 AXA analysts dismiss Europe's €750bn (£623bn) rescue package and say eurozone could still disintegrate. 14 Jun 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 must buy 'hundred of billions' of bonds
Italian economists slam austerity measures
Spanish debt wilts amid €250bn rescue confusion
Spain starts fight back as borrowing costs surge
AXA fears 'fatal flaw' will destroy eurozone
Sunday, 20 June 2010
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