Eurozone

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
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: Milos Bicanski/Getty)

Cheer up! The Greek crisis shows you were right all along

6 July 2015 10:58

I don’t know whether the joy on the right was worse than the preening on the left last night but as the result of the Greek referendum swept across social… Continue reading

135 Comments
GREECE-EU-REFERENDUM-DEBT

Polls suggest narrow ‘No’ vote in Greek referendum

5 July 2015 17:26

If the final result in the Greek referendum is as close as the polls (not exit polls, so treat with caution) below suggest, then as well as the trauma and… Continue reading

26 Comments
Supporters of the ultra nationalist party Golden Dawn during a demonstration outside parliament (Photo: Milos Bicanski/Getty)

Does the EU want the Greeks to vote for Golden Dawn?

4 July 2015 8:30

If Greece does vote Yes, and Mr Tsipras has to go, who is left to run the country? The voters have tried all the main parties, only to find them broken… Continue reading

207 Comments
Greece Calls For A Vote On Proposed Bailout

Greek referendum going ahead as Tsipras again urges No vote

1 July 2015 15:32

After much speculation that the Greek referendum was about to be cancelled, Alexis Tsipras has just appeared on Greek television to confirm that it is going ahead and to urge… Continue reading

12 Comments
BELGIUM-EU-SUMMIT

Greek government proposes third Eurozone bailout on the eve of IMF default

30 June 2015 17:30

The Greek government is making one final throw of the dice. Just hours before Greece is set to default on its €1.55 billion payment to the IMF, Athens has proposed… Continue reading

65 Comments
GERMANY-GREECE-POLITICS-ECONOMY-BANKING-ECB

The Eurozone’s new strategy: hope for a Yes vote in Greece

29 June 2015 18:57

The question that will be on the ballot paper in Greece on Sunday is rather wordy, so European leaders have been trying to simplify it for Greek voters today. Their… Continue reading

83 Comments
Britain's Prime Minister David Cameron is greeted by Germany's Chancellor Angela Merkel upon his arrival at Schloss Elmau for the summit of the G7 group of nations on June 7, 2015 near Garmisch-Partenkirchen, Germany.

Podcast: Angela Merkel’s burden, Ukip’s American flirtation and Gove’s grammar rules

25 June 2015 9:32

This podcast is sponsored by Berry Bros, The Spectator’s house red. Germany has just as much to worry about from a Grexit as Greece. On this week’s View from 22… Continue reading

8 Comments
People's Assembly Against Austerity Hold Demonstration And Festival

A trip to Greece might make Charlotte Church fear national debt

22 June 2015 17:11

It is amazing what some people are willing to listen to on a Saturday.  I have just watched Charlotte Church’s speech to the small fringe of ‘anti-austerity’ activists in Westminster… Continue reading

238 Comments
GERMANY-GREECE-POLITICS-ECONOMY-BANKING-ECB

Greece: The devil will be in the detail

22 June 2015 17:04

The Greek economy minister Giorgos Stathakis has told Robert Peston in an interview that the deadlock between Athens and its creditors has been broken, that $7.2 billion of funds should… Continue reading

41 Comments
President Francois Hollande and German Chancellor Angela Merkel shake hands in Berlin (Photo: Tobias Schwarz/Getty)

Thankfully for Cameron, EU treaty change isn’t a black and white issue

26 May 2015 15:21

It seems every week now there is a story about France and/or Germany ruling out EU treaty change and thereby putting pay to David Cameron’s EU reform push before it… Continue reading

50 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
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
Results In The Greek General Election

Bet on a swift Grexit

19 February 2015 11:08

‘Will Greece exit the eurozone in 2015?’ Paddy Power was pricing ‘yes’ at 3-to-1 on Tuesday, with 5-to-2 on another Greek general election within the year and 6-to-4 on the… Continue reading

23 Comments
GREECE-VOTE-ELECTION-SYRIZA

Greece lightning: six things you need to know about Syriza’s victory

26 January 2015 8:10

It’s official: Syriza, the Greek anti-austerity leftist party, has won the general election. With 98pc of the votes counted it is looks to have taken 149 out of 300 seats, just two short of… Continue reading

84 Comments
GREECE-FINANCE-ECONOMY-FLAGS

A Syriza majority will put Athens and Berlin on a collision course

25 January 2015 18:53

The next set of exit polls are now out from Greece and they, again, show Syriza pulling off a spectacular victory. Their lead might even be just enough to see… Continue reading

37 Comments
Image: Getty

David Cameron is acting in a principled way over Juncker – so let’s back him

27 June 2014 12:52

It’s pretty rich hearing the Labour Party criticize Cameron for taking a principled stance on Europe. How vulgar, they say, how amateur. Doesn’t he know that the job is to… Continue reading

117 Comments
Bank Of England Cut Interest Rates To All Time Low

The Battle for Threadneedle Street

30 January 2014 16:13

I thought it obvious that Mark Carney’s trip to Scotland yesterday was a bad day for Alex Salmond and the Scottish nationalists. Sure, the governor of the Bank of England… Continue reading

111 Comments
Is it now India's turn to produce a Marie Curie figure? (Photo: AFP/Getty)

George Osborne: Britain is better off in a reformed EU

15 January 2014 13:48

George Osborne’s speech to the Open Europe conference this morning was billed as the Chancellor taking a tough guy stance with European leaders, demanding that they reform or see their… Continue reading

57 Comments
Credit Crisis Threatens Banking Jobs

The Closing of the Nationalist Mind

29 August 2013 17:52

A paper with the title Scottish Independence: Issues and Questions; Regulation, Supervision, Lender of Last Resort and Crisis Management is not one liable to set pulses racing on the streets of… Continue reading

113 Comments
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Are the SNP’s plans for a currency union a) Expedient, b) Sensible, c) Dangerous or d) All of the Above

23 April 2013 11:02

Even if George Osborne is right about the problems of a currency union between an independent Scotland and the rest of the UK he possesses the uncanny knack of being… Continue reading

108 Comments
Jose Manuel Barroso, Herman Van Rompuy, and Chinese Premier Wen Jiabao. Image: Getty

Would you prefer to do business with the eurozone or China?

25 March 2013 17:51

Does it really matter now whether the eurozone breaks up or not? The damage may already have been done, in terms of business confidence. A £10 billion bailout for Cyprus… Continue reading

32 Comments
Cypriot protestors wave banners during a demonstration against the EU bailout deal. Picture: Getty

What will it take to keep Cyprus in the euro?

19 March 2013 20:43

How will the eurozone respond to the Cypriot parliament’s overwhelming rejection of the bank deposit levy? There are only a few days in which to make a deal before the… Continue reading

69 Comments