Euro

Argyll And Southern Highlanders Home Coming Parade

An independent Scotland could easily have been the next Greece

14 July 2015 10:54

I wonder how many Scots who voted ‘Yes’ in last year’s referendum are watching events unfold in Greece and having second thoughts? It’s not quite a ‘there, but for the… Continue reading

296 Comments
BELGIUM-EU-SUMMIT

Have the Greeks just blinked?

9 July 2015 23:36

The Syriza-led Greek government has just submitted a new set of proposals to their creditors. It appears to shift Greece closer to the creditors on VAT and pensions reform. It… Continue reading

71 Comments
Alexis-Tsipras

Left-wing Eurosceptics are finally starting to reveal themselves

9 July 2015 16:19

Even if everything goes wronger still, the Greek No vote is a great victory for the left. Until now, the left has not mounted a serious challenge to the claims… Continue reading

72 Comments
Image: Getty

Merkel strikes an uncompromising tone as the ECB tightens the squeeze on the Greek banks

6 July 2015 19:15

François Hollande and Angela Merkel have both given brief statements to the media ahead of their dinner this evening. Hollande was keen to stress that the door remained open to… Continue reading

77 Comments
People queue outside a Greek bank. (Image: Getty).

Time running out for a Greek deal warns Osborne

6 July 2015 17:56

Right now, Britain is sitting on the side-lines waiting to see if there is, to use George Osborne’s phrase, an ‘11th hour’ deal between Greece and the rest of the… Continue reading

29 Comments
(Photo: Aris Messinis/Getty)

Does anybody still believe that the EU is a benign institution?

6 July 2015 14:59

Ever since Margaret Thatcher U-turned in the dying days of her premiership, there has been a kind of agreement between Left and Right on what the European Union is. Most… Continue reading

379 Comments
GREECE-EU-REFERENDUM-DEBT

Greece says No, will Germany now try and kick it out of the Euro?

5 July 2015 23:28

Greece has voted No in the referendum and resoundingly so. With more than 90 percent of the votes counted, No is leading 61% to 39%. The result is a massive… Continue reading

38 Comments
Prime Minister Tsipras Meets With Chancellor Merkel In Berlin

German rhetoric suggests that they are preparing to try and kick Greece out of the Euro

5 July 2015 21:22

Greece has voted No, and resoundingly so. But the reaction from Berlin tonight does not suggest that Germany is prepared to have any further negotiations with the Syriza government. The… Continue reading

63 Comments
(Photo: Christopher Furlong/Getty)

Globalists v localists: the new reality of 21st century politics

5 July 2015 18:37

Tonight it looks like the Oxi’s have it, and Greece’s fraught relationship with the Franks has reached a new phase, with possible Grexit coming; that’s assuming the exit polls are… Continue reading

110 Comments
GREECE-FINANCE-ECONOMY-FLAGS

Which way will Greece vote?

4 July 2015 17:49

This time tomorrow, we’ll have had the first projections from the Greek referendum. We will have an idea as to whether the country has said Oxi or Nai. At the… Continue reading

89 Comments
Riot police line up outside a bank in Greece (Photo: Milos Bicanski/Getty)

The sooner Greece leaves the euro, the better

1 July 2015 11:24

Ten years ago, the Greek minister Yainnos Papantoniou came to London to give a talk at the London School of Economic on the country’s first four years as a member… Continue reading

84 Comments
p

If Greece leaves the Euro, Cameron should start the British renegotiation all over again

28 June 2015 20:42

Tonight, it is still not clear how the Greek situation will be resolved. The European Central Bank–which is desperate to avoid being dragged into the politics of this situation–has chosen… Continue reading

98 Comments
GREECE-FINANCE-ECONOMY-FLAGS

Greece: ‘The crisis has commenced’

27 June 2015 20:56

Alexis Tsipras’ gamble in calling a referendum on the bailout deal has failed in two respects. First, it has not prompted Greece’s creditors to offer the country a better deal.… Continue reading

93 Comments
Alexis Tsipras (Photo: Louisa Gouliamaki/Getty)

Greece to hold referendum on bailout deal

26 June 2015 23:09

The Greek Prime Minister Alexis Tsipras has just announced that there will be a referendum on the proposed bailout deal next Sunday, July 5th. He will ask for the current… Continue reading

79 Comments
A protest held in Athens against the prospect of new austerity cuts demanded by the country's international creditors (Photo by Milos Bicanski/Getty)

The one thing that might ensure a Greek deal: fear

23 June 2015 11:17

On a narrow, sloping street in downtown Athens sits a graffiti-strewn wall that has captured the spirit of a nation. Amidst the spray-painted slogans and flaking posters, a black-and-white stencilled… Continue reading

45 Comments
GREECE-FINANCE-ECONOMY-FLAGS

Greece may soon face a humanitarian crisis of its own

21 June 2015 15:39

Normally, the phrase ‘continent in crisis’ is hyperbole. But it seems appropriate today as we contemplate the situation Europe, and more specifically the EU, finds itself in. In the next… Continue reading

71 Comments
Europe

Germans propose linking the British renegotiation to Eurozone reform

20 May 2015 17:48

Wolfgang Schäuble’s decision to link the British renegotiation to changes to the governance of the Eurozone is highly significant. In an interview the German Finance Minister told the Wall Street… Continue reading

94 Comments
GREECE-FINANCE-ECONOMY-FLAGS

The Greek crisis is back, and this time it’s more serious than before

25 April 2015 16:26

Amidst the hullabaloo of the general election campaign, one thing that has generally gone unnoticed in Britain’s political discourse is the worsening Greek situation. You now have European finance ministers… Continue reading

96 Comments
Former Prime Minister John Major And Labour Party Leader Ed Miliband Give Evidence At The Leveson Inquiry

Currency wars: John Major vs Zac Goldsmith

19 March 2015 9:51

Zac Goldsmith recently wrote in the Spectator that it was his father – not the Labour party – who had stopped Britain from joining the euro. The Conservative MP claimed his dad Sir James Goldsmith… Continue reading

22 Comments
GREECE-FINANCE-ECONOMY-FLAGS

The Greek crisis isn’t over

21 February 2015 13:56

The more you read about the deal between Greece and the Eurozone, the clearer it becomes how temporary a deal it is. First, the Syrzia-led government has to submit on… Continue reading

121 Comments
The Greek Finance Minister, Yanis Varoufakis.

If Greece leaves the euro could others follow?

19 February 2015 16:43

Germany wants nothing less than an unconditional surrender from the new Greek government. It is hard to draw any other conclusion from Berlin’s decision to reject Greece’s proposal for a… Continue reading

42 Comments
euros

Greece isn’t the only country that wants to leave the euro

19 February 2015 16:13

With EU budget talks breaking down on Monday night, there was, for a time, an outside chance that Greece would leave the euro. Worryingly for EU leaders, there are plenty… Continue reading

38 Comments
GERMANY-ECB-EU-FOREX-RATE-EUROZONE-BANK-MONEY

This time next year Greece will be out of the euro or Syriza will be out of power

5 February 2015 16:06

There has been much interest in the European Central Bank making a new call on Greek government bonds, saying that ‘it is currently not possible to assume’ the bonds to… Continue reading

84 Comments
Image: Getty

Why France so worries European policy makers

31 January 2015 20:10

Today’s huge Podemos rally in Madrid is a reminder that Syriza’s victory in Greece has emboldened the anti-austerity left across the Eurozone. What worries Angela Merkel and other northern European… Continue reading

257 Comments
Image: Getty

Greece and the Eurozone, what happens next

25 January 2015 20:55

The Greek Prime Minister Antonis Samaras has called Syriza’s leader Alexis Tsipras to concede defeat. But n European Chancelleries, they will be holding their breath and hoping that Syriza do… Continue reading

56 Comments