News

Inflation across the single currency bloc fell to 0.7% in January moving closer to deflationary territory

The campaign posters signal election time in Greece

World braces for worst case scenario as Greeks cast their votes

Europe offers banks a blank cheque should election trigger withdrawal from the euro

Sceptics turn against Spain bailout hopes as the rally falters

Bond markets fall back after initial euphoria and European Central Bank gets tough on clearing up huge property debt

Mario Draghi, head of the ECB, said the bank should not be making up for politicians' shortcomings

Eurozone crisis deepens as Spain haggles over terms of bailout

The eurozone sovereign debt emergency showed no signs of abating yesterday as the Spanish government haggled over the terms of its expected bailout and the European Central Bank refused to ease monetary policy for the currency bloc, despite signs of stricken European economies sinking deeper into recession.

Markets rally on Spanish hopes

Hopes that Spain will be given a cash injection to stabilise its wobbling banking sector helped world markets rally today.

Silvio Berlusconi claimed his Facebook comments were in jest

Leave the euro, Silvio Berlusconi tells Italy – then says he was only joking

Alarmed countrymen hear former premier urging ECB to begin printing money to beat debt crisis

Moves for extra £50bn from Bank

Turmoil in Spain and Greece fuels calls for another round of quantitative easing for UK economy

ECB President Mario Draghi hit out at the Spanish government

Spain told to get a grip of bank crisis as bailout looms large

ECB chief launches broadside at indecisive government as panic takes hold in Madrid and Rome

James Moore: Search for a safe haven and the herd mentality

Such is the herd mentality among investors that it needs only the merest hint of trouble and they are falling over each other in a rush to so-called "safe havens". It really is like so many sheep clustered together at the corner of a field. Russia? Sub-Saharan Africa? Pfah. You can keep your gaudy yields and your fancy returns on capital. Even some more developed "emerging" markets – parts of Asia for example – can expect short shrift. It's German Bunds and US Treasuries for us. Right on cue the former hit a record low yield yesterday morning. Baaaaa!

Ben Chu: Europe has to become a 'country' – a new beast – if the euro is to survive

US dollars, sterling and Japanese yen don't have the structural flaws that are undermining the single currency
David Cameron walks past Jose Manuel Barroso, Helle Thorning-Schmidt, Jean-Claude Juncker and Angela Merkel during at last night's summit in Brussels

Cameron shifts his focus from austerity to growth

By Andrew Grice

Satyajit Das: There is a misplaced reliance on the European Central Bank

Voters in Greece and France have voted against austerity. Voters elsewhere in Europe will probably follow suit in time. Despite summits and communiqués, politicians and policy makers cannot miraculously create growth overnight. The only likely action in the short run will probably come from the European Central Bank (“ECB”).

The newly elected French President, François Hollande, greets the Eurogroup chairman and Luxembourg’s Prime Minister Jean-Claude Juncker

Hollande’s first act: convincing Merkel to change course

François Hollande’s first act as French president next week will be to fly to Berlin to try to convince Chancellor Angela Merkel to abandon her all-stick-and-no-carrot approach to the European economic crisis.

Daniel Howden: Greek elections were the last tantrum of a spoilt child

“Breathe Hellenes, breathe,” the morning show host implored. Greece was waking up to the election results and Real FM was telling its listeners what had happened.

Ben Chu: What went wrong in the eurozone and why didn't bailouts fix it?

Greece had to be bailed out by the European Union and the International Monetary Fund two years ago because it had lost the confidence of the private financial markets.

ECB policymakers face protesters

Mario Draghi, president of the European Central Bank (ECB), risked the wrath of protesters in Spain yesterday with his backing for the austerity programme which has plunged the nation into a double-dip recession.

News
Russell Brand was in typically combative form during his promotional interview with Newsnight's Evan Davis
peopleReports that Brand could stand for Mayor on an 'anti-politics' ticket
News
The clocks go forward an hour at 1am on Sunday 30 March
news
Arts and Entertainment
The Doctor finds himself in a forest version of London in Doctor Who episode 'In the Forest of the Night'
TVReview: Is the Doctor ever going stop frowning? Apparently not.
News
Voluminous silk drawers were worn by Queen Victoria
newsThe silk underwear is part of a growing trade in celebrity smalls
Sport
footballMatch report: Real fight back to ruin Argentinian's debut
News
Candidates with surnames that start with an A have an electoral advantage
newsVoters are biased towards names with letters near start of alphabet
Arts and Entertainment
Isis with Lord Grantham (Hugh Bonneville)
TV
Arts and Entertainment
Jay James
TVReview: Performances were stale and cheesier than a chunk of Blue Stilton left out for a month
Career Services

Day In a Page

Independent Travel
Vietnam & Cambodia
Pompeii, Capri & the Bay of Naples
Bruges
India & Nepal
Japan
Berlin, Dresden, Meissen & Colditz
Prices correct as of 17 October 2014
Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?