This euro crisis is now getting extremely serious. Events are happening quickly, closing-in on policy-makers and threatening to engulf us. 26 May 2012 So now there can be no question about it. The possibility of “eurozone exit” is real. 19 May 2012 Last weekend's election results in France and Greece, we're told, show that eurozone voters want "growth, not austerity". In the UK, too, the deficit-cutting coalition Government is being widely castigated for "lacking a growth policy". 12 May 2012 I don't know Sir Mervyn King particularly well. I've talked with the Bank of England Governor á deux just a few times over the years, always at official functions. 05 May 2012 The outlook for the American economy is improving. That was the message from the Federal Reserve last Wednesday, as the US central bank issued new forecasts showing faster GDP growth and lower unemployment. 28 Apr 2012 Under Christine Lagarde’s stewardship the IMF is continuing to indulge the eurozone’s banks while the fund’s donor countries seethe . 21 Apr 2012 'Today the problem is solved," declared French President Nicolas Sarkozy just five weeks ago. "How happy I am a solution to the Greek crisis, which has weighed on the economic and financial situation in Europe and the world for months, has been found." 14 Apr 2012 During the first few months of 2010 and 2011, America showed encouraging signs of robust economic growth. In both years, though, by the spring or early summer, hopes of the world’s biggest economy mounting a meaningful and sustainable recovery were snuffed out. 07 Apr 2012 Once again Europe's leaders have swooped into Brussels and vanished hours later without offering any clear way out of the pulsating crisis at hand. 24 May 2012 Pressure on Greece increased dramatically on Wednesday night after Germany's central bank called for a suspension of financial support to Athens and eurozone finance ministries agreed to draft contingency plans for a Greek exit from the euro. 23 May 2012 Fitch Ratings has downgraded Japan two notches to A+, citing a surge in public debt since the Lehman crisis and the lack of any plan to restore fiscal probity. 22 May 2012 The eurozone's 'Latin Bloc' is in full revolt. The trio of French, Italian, and Spanish leaders - backed by world powers - are to push for a radical shift in Europe's economic strategy at crucial summit on Wednesday. 21 May 2012 The US economy has slowed to stall speed. A few lonely forecasters fear that America has already fallen back into recession, replicating the terrible double-dip of 1937. 20 May 2012 Major global banks are advising clients to prepare for a stock market rally and a resurgence of the euro if Greece is forced out of monetary union, betting that world authorites will flood the international system with liquidity. 17 May 2012 A tsunami of capital flight from Greece threatens to overwhelm the authorities, forcing the country out of the euro before fresh elections in June. 16 May 2012 As Greece erupts, Italy is moving into the eye of the storm. Its economy is contracting at speeds not seen since the depths of the slump in 2009 as draconian austerity bites, greatly increasing the risk of social revolt and a banking crisis. 15 May 2012 The man who brought a British giant back from the dead tells Ambrose Evans-Pritchard why it is thriving in the BRICs. 13 May 2012 Germany has drawn up plans to make Britain pay a share of the multi-billion pound clean-up costs if Greece is ejected from the euro, risking a clash with Downing Street. 13 May 2012 All key indicators of China's money supply are flashing warning signs. The broader measures have slumped to stagnation levels not seen since the late 1990s. 13 May 2012 Lender asks for €4.5bn in loans, with government holding 45pc of the bank. 09 May 2012 The political dam has broken in Europe. German Chancellor Angela Merkel no longer has enough allies in the club of EU prime ministers to impose her hairshirt agenda. Her methodical plans are disintegrating on every front. 08 May 2012 There will be no speculative attack against French bonds on Monday morning because François Hollande has been elected president, the first socialist to take the Élysée since the Mitterrand debacle of 1981. 06 May 2012 Experts predict 40pc price fall just as austerity hits country. 03 May 2012 France's economy has weathered the global crisis of the last five years deceptively well, shielded by a Leviathan state and the postponement of hard choices. 01 May 2012
Liam Halligan
Liam Halligan's column tackles head on the key issues facing
the British and global economy.
LATEST FROM LIAM HALLIGAN
For the eurozone, the worst is yet to come
We could all be losers in this Greek poker game
Broken banking system is keeping growth at bay
Bankers' vitriol has masked King's uncomfortable message
Pricey oil could put the brakes on US recovery
IMF allows eurozone to stay in its fantasy world
Eurozone crisis roars back to savage Spain
US set to kick the can further down the road
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
Europe's slump deepens as Kabuki summit falls short
Germany holds a gun to Greece's head
Japan's fiscal death is a warning to the West
Germany isolated as Latin Bloc calls the shots
Rising US recession risk poses the real threat to Europe
Global banks see market rally on Greek exit
Greek euro exit looms closer as banks crumble
Italy's banks shaken as economic slump deepens
The treehugger who put ICI back on the world stage
Britain to share costs of Greek exit
World edges closer to deflationary slump
Spain nationalises Bankia as euro crisis escalates
Crisis escalates as insurrection breaks German control of Europe
Francois Hollande has ten weeks to avert a French bond crisis
France's housing crisis
Electoral silence on France's slow economic decline
Sunday, 27 May 2012
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