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Saturday 2 December 2023 Dublin: 5°C

# Debt Crisis

All time
Markets fall as worries over eurozone lead to talk of 'radical overhaul'
Reports this morning that France and Germany are considering a radical restructuring of the eurozone amid uncertainty in Italy and Greece.
Papandreou remains tight-lipped about appointment of new Greek PM
George Papandreou tells the public that Greece will “do whatever is required” to remain in the Euro, but won’t name a new premier.
Greece still waits for new government and new PM
It had been thought a new government would be in place by Monday…
Lagarde warns of 'lost decade' unless European crisis is fixed
The global economy could stagnate for ten years or more, the IMF chief warns, unless the eurozone debt crisis is fully solved.
Berlusconi to go but what now for Italy?
He survived more than 50 confidence votes but the end is nigh for the 75-year-old.
Former ECB official will be new Greek prime minister – reports
Lukas Papademos looks set to take over from embattled leader George Papandreou as the country battles to avoid bankruptcy.
Berlusconi facing crucial vote as fears grow over Italy
A normally procedural vote will be closely scrutinised as Italian borrowing costs hit new highs.
Italian borrowing rates hit new high as shares fall across Europe
Uh-oh…
Greece agrees unity government with new PM to be chosen today
Changes afoot in the debt stricken country.
Noonan in Brussels for eurozone summit
Finance ministers from the 17 eurozone countries are meeting today to flesh out the details that were agreed at a leaders’ summit last month.
Papandreou expected to resign as Greek prime minister
A government statement says that an emergency cabinet meeting this afternoon will be his last.
Greek leaders continue talks, with only five weeks worth of cash left
Opposition leader Antonis Samaras will meet with the Greek president today. Samaras is calling for a snap election.
Merkel says eurozone recovery will take ten years
Meanwhile Greece has entered political deadlock in a bid to form a coalition government…
Poll: Should Greece have held that referendum?
As the Greek PM prepares to enter talks on forming a coalition government, we’re asking if he should have stuck with his original referendum plan?
In full: Greek finance minister's extraordinary rebuke of PM
Evangelos Venizelos issued an extrordinary public letter just before 5am this morning.
Explainer: How could/would Greece leave the eurozone?
It’s possible – but it wouldn’t be easy.
Eurozone crisis forces Berlusconi to put love song album on hold
The Italian Prime Minister is renowned for his crooning talents but we’ll have to wait until later this month to hear his latest release…
Greece's Euro membership now on the line, say France and Germany
Merkel and Sarkozy have told Greece it must decide whether it wants to continue as part of the Eurozone.
Greece may hold referendum on bailout agreement in December
The Greek Prime Minister’s announcement on Monday evening is continuing to send shockwaves across the Eurozone.
Noonan: 'I'm not too pleased that Anglo is being paid back'
The Minister for Finance insists that it is important to work in consultation with European authorities on the issue and blames the “disaster” of the last government.
Greek crisis: EU leaders ratchet up pressure over controversial referendum
Greek leader George Papandreou has been summoned for emergency talks with French and German leaders amid fears an EU deal could be derailed.
Markets drop on Greek referendum 'grenade'
Investors react to news that Greece intends to hold a referendum on its latest bailout agreement, despite the unpopularity of the deal.
Probe into missing funds at US company bankrupted by EU debt crisis
MF Global has become the first major Wall Street casualty of the EU debt crisis.
Market jitters expected after sudden call for Greek bailout vote
Prime Minister George Papandreou’s move has been compared to blackmail by the opposition after he called on Greek people to vote on their latest bailout agreement.
Poll: Do you think Greece has been 'let off the hook'?
Greece has had 50 per cent of its debt burden written off in crisis Europe deal brokered early this morning. What are your feelings on this? Tell us here.
European markets react positively to Eurozone deal
Shares were up across the continent as trading opened this morning.
EU leaders strike 'comprehensive' debt deal after hours of talks
Greek debt will be written down by 50 per cent, with the EU bailout fund boosted to around €1trillion.
EU leaders approve banking bailout plan, while Greek talks continue
Leaders agree to recapitalise weak banks by next summer, though it is reported that talks on Greek haircuts have hit a snag.
Italian government - and Eurozone - on the brink over debt deal
Silvio Berlusconi’s coalition is divided on implementing reforms demanded by the EU, leading to the cancellation of some of tomorrow’s summits.
Kenny: Ireland has 'number of options' to further reduce bailout bill
Enda Kenny says Ireland can still reduce the interest on its bailouts, amid questions on why Greece is getting a haircut and Ireland isn’t.
Enda Kenny: New hope for deal to tackle EU crisis
The Taoiseach has said EU leaders were “focused on fundamentals” for the first time as they met in Brussels.
European leaders to meet again on Wednesday to fight debt crisis
Another summit of EU heads of state will be held on Wednesday in order to sign off on measures agreed by finance ministers.
Greece to be hooked on bailouts for a decade, says Troika report
A document prepared for finance ministers, leaked to the press, says bondholders may be burnt to the tune of 60 per cent.
Second summit called as France, Germany continue to disagree over rescue plans
A resolution to the eurozone debt crisis still seems a way off as Angela Merkel and Nicolas Sarkozy fail to agree on a fix and call a second EU summit next week.
France and Germany divided on Euro crisis ahead of crunch summit
Nicolas Sarkozy says “very important decisions” will have to be made – unlike Merkel, who has played down chances of a deal.
Moody's downgrades Spain's credit rating
European leaders are feeling the pressure today as Spain becomes the latest country to experience a credit rating downgrade.
Strikes and sit-ins ahead of a crucial week for Greece
A 48-hour general strike to be held on Wednesday and Thursday is set to ground flights for two days and cripple public and many private services.