I think in the long run the tax payer will foot this bill, this haircut will be written of against future profit. Also I wonder what these political wizz kids have given away to get a 50% cut. I just struggle with the concept of bankers giving ...

EU official: Banks to take 50pct cut on Greek debt

Do the banks now have to accept a 50% cut on Spanish, Italian, et al. Is it now unreasonable for every private debtor to say I want a 50% cut on my personal debt. Have they created a moral dilemma wherby people/countrys work themselves into a ...

EU official: Banks to take 50pct cut on Greek debt

The solution is very simple, abandon both the euro and the stupid European political project as an abject failure.

German Chancellor Merkel: one solution cannot be created overnight

Don't hold your breath for any decisions tomorrow, they are just blagging for time hoping to reach the weekend.

EU leaders' summits will take place tomorrow according to the UK

The lack of mandates from parliment or the people has never stopped the political aims of these crackpots before.

Without Parliament Backing Merkel Would Go To Brussels With No Mandate -German Govt Spokesman

It's the EU that should be banned, bunch of pinko commis

EU Could Bar Ratings Firms From Issuing Reports On Members In Crisis

Lets start a new market rumour, Iceland is going to bailout Greece.

France and Germany ready to agree €2tn euro rescue fund

Then all of the USA's unemployed should protest and turn the economy around.

Wall Street "Protester" Says He's Getting Paid $22 An Hour (Plus Overtime) To...

Just a couple of months ago the same man said "Crisis what crisis", now he is no longer the ECB's financial guru it seems he wishes to come clean.

ECB's Trichet says there is a global crisis of sovereign risk

Eurobonds will not work they just pave the way for yet more borrowing by this idiotic undemocratic communiust/nazi politburo. Europe cannot have one common interest rate set by Germany because it would be unworkable for many countries. Most ...

Are euro zone bonds the new subprime?

Where are John Conner and Arnie when they are needed.

High Frequency Traders Manipulating the Nasty Sell-Off?

The ECB gets it's money from European Tax Payers. So at a time when across Europe the tax payer is told they must accept lower pensions than they have already paid for, a substandard level of health care than that which they have already paid for ...

ECB to intervene decisively on markets - source

Cut by 1 trillion over 10 years and increase the debt ceiling by 2.2 trillion in the short term, is that a credible solution to a debt problem?

US debt crisis: Republicans and Democrats strike a deal

Of course it will pass, do turkeys vote for Christmas. They are just protecting their own jobs and kicking the can down the road.

Greece In Final Countdown To Critical Austerity Vote