New Greek opposition leader may cause instability
Wilbur Ross is taking the mickey on Greek banks
The eurozone won't accept the write-off of the 'zero-coupon' debt. But the Greek government's proposal to split most of the eurozone debt into two parts could be modified to make it workable
It's 20.12.2012 and it¿s the end of a magical era
Greece needs a positive shock
BBC shows how not to manage a crisis
Scardino exit reignites FT sale speculation
Hugo Dixon outlines the quick fixes that Europe needs to calm markets
Publication of a Timothy Geithner memo has put the Bank of England in a tight spot. Geithner, then president of the New York Federal Reserve, wrote to Mervyn King, the BoE governor, in June 2008 proposing reforms to prevent “deliberate ...
Remember the Bank Rate scandal of 1957? The affair, which transfixed the British public two generations ago, had extraordinary parallels with on Tuesday’s Libor scam. It involved a man called Cameron and another named Mynors.
What if Barclays hadn’t lowered Libor submissions? The bank certainly reduced its vulnerability by submitting lower rates in the midst of the crisis. But what would honesty have cost? Would Barclays have secured funds from Middle East ...
Marcus Agius said “the buck stops with me”, in resigning after the interest-rate rigging scandal. But the buck shouldn’t stop with the Barclays chairman. It is appropriate that Agius has fallen on his sword because he hasn’t ...
A politically acceptable, legal and effective idea is interest subsidies from low-yield to high-yield euro zone countries
The Greek vote is cause for relief but not rejoicing. The Greeks have bought themselves a breathing space by voting for pro-bailout parties. But the resulting coalition may be weak, and the economy is still shrinking, and markets are still sceptical ...
In order for Greece to recover, it must first stare into the abyss