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Merkel urges Greek referendum on euro amid exit fears
18/05/2012 - EUROZONE

Merkel urges Greek referendum on euro amid exit fears

German Chancellor Angela Merkel told caretaker President Karolos Papoulias in a phone call Friday that Greece should hold a referendum on staying in the eurozone when it holds new polls on June 17. The idea was rejected by Greece's two main parties.
European markets slide after Spanish downgrade
18/05/2012 - EUROZONE

European markets slide after Spanish downgrade

European shares tumbled and the euro hit a four-month low against the dollar on Friday, a day after Moody’s rating agency downgraded 16 Spanish banks in a move that unnerved investors amid growing concern over the eurozone debt crisis.
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'Defiant message from Greece'
18/05/2012 - IN THE WORLD PAPERS

'Defiant message from Greece'

INTERNATIONAL PAPERS, Fri. 18/05/12: The man who could be Greece’s next Prime Minister gives an interview to the Wall Street Journal. Syriza leader Alexis Tsipras say he doesn’t think Europe will cut off spending to Greece. He wants a European solution, but says if push comes to shove, Greece can manage on its own.
Make-Up Or Break-Up: Europe at the crossroads (part 2)
17/05/2012 - THE DEBATE

Make-Up Or Break-Up: Europe at the crossroads (part 2)

As leaders from the world's biggest economies get ready for this weekend's G8 summit in the US, some emerging market countries might be asking themselves if they want to take economics lessons from Europe. Zero (or below zero) growth, crippling debt, and a common currency constantly under threat....Europe's economy is the crisis that never went away. Laura Baines' panel discusses what, if anything, can be done to fix it.
Make-Up Or Break-Up: Europe at the crossroads
17/05/2012 - THE DEBATE

Make-Up Or Break-Up: Europe at the crossroads

As leaders from the world's biggest economies get ready for this weekend's G8 summit in the US, some emerging market countries might be asking themselves if they want to take economics lessons from Europe. Zero (or below zero) growth, crippling debt, and a common currency constantly under threat....Europe's economy is the crisis that never went away. Laura Baines' panel discusses what, if anything, can be done to fix it.
A trillion dollars - the cost of Grexit?
17/05/2012 - IN THE WORLD PAPERS

A trillion dollars - the cost of Grexit?

In today's pick of the international press - the possible cost of a Greek exit from the euro, and is Alexis Tsipras a demagogue?
Greece swears in interim PM ahead of new vote
17/05/2012 - GREECE

Greece swears in interim PM ahead of new vote

The head of Greece’s Council of State, Panagiotis Pikrammenos, has been sworn in as the leader of the country’s caretaker government, which will attempt to lead the nation until new elections planned for June 17.
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Greece appoints interim PM, sets new vote for June 17
16/05/2012 - GREECE

Greece appoints interim PM, sets new vote for June 17

The head of Greece’s Council of State, Panagiotis Pikramenos, has been appointed interim prime minister until the country holds new general polls on June 17, state media reported on Wednesday, following failed attempts to form a coalition.
Greek leaders to form interim government
16/05/2012 - GREECE

Greek leaders to form interim government

Greek political leaders were set to form an interim cabinet on Wednesday as the crisis-stricken country heads to a second round of polls in just over a month after repeated efforts to cobble together a coalition government failed.
Christine Lagarde, Managing Director, International Monetary Fund
15/05/2012 - THE INTERVIEW

Christine Lagarde, Managing Director, International Monetary Fund

International Monetary Fund chief Christine Lagarde tells FRANCE 24's Marcus Karlsson that even an "orderly" Greek exit from the eurozone would pose great risks, but still remains an option if the country's "budgetary commitments are not honoured".
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