The US, Japan and large parts of Europe have exhausted their policy arsenal, leaving them defenceless against a double-dip recession. 05 Sep 2010 Brussels is to push for the creation of a form of "treasury" for the European Union with powers to issue bonds and reinforce fiscal integration. 04 Sep 2010 Investors face large potential losses under German plans likely to win EU backing – risking a boycott of Greek, Irish, and Portuguese bonds. Public spending increased by 50 per cent in real terms under Labour, says Jeff Randall.No defence left against double-dip, says Roubini
Brussels plans 'treasury' for EU
EU 'haircut' plans rattle bondholders
Let's remind Ed where the deficit came from
Sunday, 31 October 2010
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