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.

Voices
The Sumatran tiger, endemic to the Indonesian island of Sumatra, is an endangered species
voicesJonathon Porritt: The wild tiger population is thought to have dropped by 97 per cent since 1900
News
news
Arts and Entertainment
Story line: Susanoo slays the Yamata no Orochi serpent in the Japanese version of a myth dating back 40,000 years
arts + entsApplying the theory of evolution to the world's many mythologies
Life and Style
Popular plonk: Lambrusco is selling strong
Food + drinkNaff Seventies corner-shop staple is this year's Aperol Spritz
News
Gardai wait for the naked man, who had gone for a skinny dip in Belfast Lough
newsTwo skinny dippers threatened with inclusion on sex offenders’ register as naturists criminalised
News
Shake down: Michelle and Barack Obama bump knuckles before an election night rally in Minnesota in 2008, the 'Washington Post' called it 'the fist bump heard round the world'
newsThe pound, a.k.a. the dap, greatly improves hygiene
Arts and Entertainment
La Roux
music
Arts and Entertainment
Graham Fellows as John Shuttleworth
comedySean O'Grady joins Graham Fellows down his local Spar
News
people
News
Ross Burden pictured in 2002
people
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried