BofE forced to cut UK growth forecast


Link to ForexLive

EU said to consider requiring collateral for extra Greek aid

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Bloomberg article.

The euro needs more than sticking plaster

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David Smith at economicsuk.com

BofE forced to cut UK growth forecast

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The Bank of England will downgrade Britain's economic forecast this week, confirming that the recovery is stalling as the Government's austerity measures take their toll.

Europe groping for new Greek plan

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Reuters analysis

Mission accomplished

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By focusing on the worst case scenario, Spiegel got Europe to deal with the harsh truth: Greek professor. More precisely, the message sent by the Spiegel incendiary article was that the policy of fresh expensive loans for insolvent states, combined with savage austerity at a time of deep ...

Good money after bad? Soft restructuring? Options discussed for Greece

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A year after the EU and IMF joined forces to bailout Greece, it has become clear to EU finance ministers that the present program is not working. Among the options discussed Friday night in Luxembourg were loaning Greece more cash or further lengthening maturities on existing debt, a sort of "soft" ...

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