Will Greek poll wreck UK’s economy? Knife-edge vote dubbed ‘financial Cuban missile crisis’ which could kill the euro and stall recovery here

http://www.dailymail.co.uk/news/article-2160433/Will-Greek-poll-wreck-UKs-economy-Knife-edge-vote-dubbed-financial-Cuban-missile-crisis-kill-euro-stall-recovery-here.html Greek voters urged by European leaders to reject Left-wing parties threatening to rip up the country’s bailout deal Today’s vote has been dubbed “the financial equivalent of the Cuban missile crisis” Greek withdrawal from Eurozone would create social and political instability, warns German Chancellor Angela Merkel By Nick Pisa PUBLISHED: 19:07 EST, 16 June […]

Drachmageddon? Middle-class poverty. Feral gangs. Neo-Nazis. Athens waits for the volcano to explode

http://www.dailymail.co.uk/news/article-2160022/Drachmageddon-Middle-class-poverty-Feral-gangs-Neo-Nazis-In-Athens-wait-volcano-explode.html By Robert Hardman PUBLISHED: 16:26 EST, 15 June 2012 | UPDATED: 18:30 EST, 15 June 2012 Antonis Perris was a devoted son. When his elderly mother was diagnosed with Alzheimer’s four years ago, there was no question of putting her in a state facility. He would care for her at home in Athens and […]

Europe to build world’s biggest telescope powerful enough to see mountains on planets beyond our solar system

http://www.dailymail.co.uk/sciencetech/article-2158045/Europe-votes-build-worlds-biggest-telescope-explore-distant-rocky-planets-build-Chile-darker.html £872million project will be built on Chilean mountaintop by 2022 By Eddie Wrenn PUBLISHED: 03:52 EST, 12 June 2012 | UPDATED: 08:12 EST, 12 June 2012 A coalition of 15 European countries has announced plans to build the biggest telescope in the world. The mirror inside the telescope will measure 39metres across – four […]

Spanish prime minister hails £80bn IMF bailout as a ‘victory for the euro’… But admits economic misery will get worse

http://www.dailymail.co.uk/news/article-2156765/Spain-ask-EU-bailout-today-leaders-try-prevent-collapse-single-currency.html Decision taken following discussion about eurozone’s struggling economy Spanish minister said aid will not come with austerity conditions attached Move comes a day after Spain’s credit rating was downgraded David Cameron has said UK will not contribute funds to eurozone bailouts Euro falls and forecasters say it could hit seven-year lows by September Cost […]

The contagion spreads: Now Moody’s downgrades seven GERMAN banks as Spain begs for $40bn

http://www.dailymail.co.uk/news/article-2154853/Now-Moodys-downgrades-seven-GERMAN-banks-Spain-begs-help.html Seven German banks have been downgraded by one of the most reputable rating agencies amid fears that eurozone debt will hit the country. Moody’s said it would be cutting the rating of Germany’s second biggest bank, Commerzbank AG, from A2 to A3 for the long term with a negative outlook. Moody’s said its move […]

‘Beware a rerun of the Great Panic of 2008′: Head of World Bank warns Europe is heading for ‘danger zone’ as world markets suffer bleakest day of the year so far

http://www.dailymail.co.uk/news/article-2153324/Markets-facing-rerun-Great-Panic-2008-Head-World-Bank-warns-Europe-heading-danger-zone-bleakest-day-global-economy-year.html?ICO=most_read_module Robert Zoellick: ‘Far from clear leaders ready for impending catastrophe’ Raft of dismal news from around world wreaked havoc on market Manufacturing output crashed in Britain, jobless up in Europe and U.S. Fast-emerging economies such as Brazil and China running out of steam By Hugo Duncan PUBLISHED: 10:49 EST, 1 June 2012 | UPDATED: […]

‘Greece WILL leave the eurozone on January 1, 2013′: Top Citigroup boss predicts exit date and warns of ‘massive wave of contagion across Europe’

http://www.dailymail.co.uk/news/article-2149193/Greek-debt-crisis-Greece-WILL-leave-eurozone-January-1-2013.html Currency trading bank says Greece’s new currency would fall by 60% European markets relatively stable today despite the dire warning FTSE-100 up 1.18%; CAC 40 up by 0.85%; DAX up 0.39% Had plunged yesterday after Bundesbank said Grexit would be better France and Germany disagree over Eurobonds at six-hour crisis summit Officials say growth-led […]

Greece could quit the euro, admits Merkel as global markets are plunged into turmoil

http://www.dailymail.co.uk/news/article-2144074/Global-financial-markets-turmoil-government-Greece-teeters-brink-crashing-Europe.html Growing pessimism over future of single currency in current form Greek political paralysis as talks continue at 7.30pm to form government Communists vow to take to the streets as fears of civil war grow Ministers say kalashnikov-wielding gangs could take over Worsening crisis and thousands take to streets for mass protests in Spain Merkel’s […]

Mothers forced to sell their children: Mail reveals the distressing human toll of Greece’s Euro meltdown

http://www.dailymail.co.uk/debate/article-2143237/Mothers-forced-sell-children–human-toll-Euro-meltdown.html PUBLISHED: 17:32 EST, 11 May 2012 | UPDATED: 07:55 EST, 12 May 2012 The economic crisis across Europe has perhaps been most keenly felt in Greece, where people have taken to the streets in violent and emotional protests against the austeriy measures imposed on the nation. In this heartbreaking dispatch from the streets of […]

The Arab Exodus: Two million people fled into Europe because of the Spring rebellions

http://www.dailymail.co.uk/news/article-2120690/The-Arab-Exodus-Two-million-people-fled-Europe-Spring-rebellions.html By Emily Allen PUBLISHED: 13:55 EST, 26 March 2012 | UPDATED: 13:55 EST, 26 March 2012 Asylum seekers from Arab Spring countries and West African nations suffering civil strife surged into Europe last year new figures have revealed. The Brookings Institution, a Washington-based think tank, said almost two million people have left their homes […]