A leading Nobel economist has backed Labour's warnings that the UK is slashing spending too fast and risks tipping a fragile economy into another downward leg. 25 Aug 2011 German President Christian Wulff has accused the European Central Bank of violating its treaty mandate with the mass purchase of southern European bonds. 24 Aug 2011 Germany's Bundesbank has issued a blistering critique of EU bail-out policies, warning that the eurozone is drifting towards a debt union without "democratic legitimacy" or treaty backing. 22 Aug 2011 Our situation is desperate but not serious, as the Viennese say. 21 Aug 2011 The global credit markets are braced for deflation and perhaps depression. 18 Aug 2011 The German economy slowed drastically over the early summer and may be on the cusp of a double-dip recession, dashing hopes that Europe's industrial engine would eventually lift EMU's southern bloc out of slump. 16 Aug 2011 German Chancellor Angela Merkel's coalition partners are threatening a withdrawal from government if she agrees to eurobonds or any form of fiscal union to prop up southern Europe, making any real concessions difficult. 15 Aug 2011
Ambrose Evans-Pritchard
Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels.
LATEST FROM AMBROSE EVANS-PRITCHARD
Nobel gurus warn Britain on fiscal overkill
Germany fires shot across Europe's bows
Bundesbank questions legality of EU bail-outs
Relax, central banks can still save us
Bond markets signal 'Japanese' slump for US and Europe
EMU crisis deepens as slump reaches Europe's AAA core
Merkel faces eurobond mutiny in Germany
Sunday 28 August 2011
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