Greek debt pile opens new Euro crisis chapter

A new chapter in the Euro sovereign debt saga is beginning to unfold, after the shared currency had its most severe weekly drop since late last year, and one of its worst two-day since its introduction. The free-fall, which commenced on Trichet's dovish comments in last Thursday's ECB meeting, was exacerbated after Germany's Der Spiegel reported an incendiary article, suggesting Greece may be planning an exit from the eurozone.

Labour and the Liberal Democrats share an identity crisis

Was it luck, or good judgment? Actually, it was a bit of both. David Cameron committed himself to the AV referendum with a light heart. He trusted the sceptical common sense of the British electorate. He never thought that there would be a majority vote to overthrow the electoral system. Not all Tories shared his confidence, nor did the early opinion polls vindicate it. It seemed as if Mr Cameron had taken the risk of running through an explosives factory with a naked flame.

Competition, Cartels and the Euro Crisis

Alex Taylor hosts I talk, the new programme on Euronews where the public question Europe’s decisions makers. This week’s guest is Joaquin Almunia, the European Commissioner for Competition

Can Europe escape the debt trap? Yes – and here's how

Financial markets have successfully demanded the imposition of severe austerity on the periphery of the eurozone – Greece, Ireland and Portugal – to deal with public debt. The markets have also raised concerns about it in the United States, Britain and Japan, clamouring for austerity. Public debt seems to operate like a mask behind which lies a shadowy world of creditors to whose upkeep entire economies are mortgaged.

Euro zone takes third debt crisis patient into care

Portugal and Greece talked up the benefits of Lisbon's decision to accept a multi-billion euro bailout from the European Union and IMF on Wednesday, but the outlook for both countries and Ireland remains highly uncertain.