BRITAIN'S prospects for economic recovery are being "killed off" by the crisis in the eurozone, Chancellor George Osborne warned in a stark statement last night. full story ![]()

Germans put their poor Eurovision showing down to Chancellor Merkel's tough stance in the eurozone crisis.
telegraph.co.uk (10 hours ago)
Brent crude oil dipped to $117.53 at 11:30 GMT on Friday after weak eurozone data signaled that the region's economy had a long road to recovery ahead. GDP data from the euro zone showed an economic contraction of 2.3 percent in the fourth quarter of 2012. The bloc's economy shrank at its quickest pace since the height of the global economic crisis in late 2009.
ibtimes.com (3 months and 3 days ago)

German Chancellor Angela Merkel may have donned her bathing costume for a little relaxation on the Italian island of Ischia, but she has failed to escape the heat of the current eurozone crisis.
telegraph.co.uk (1 month and 18 days ago)
LONDON (Reuters) - The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday.
reuters.com (16 hours ago)

Please make me chaste, but not yet. This famous prayer by St Augustine has been the defining characteristic of the policy response in advanced countries to the economic crisis ever since it began nearly six years ago.
telegraph.co.uk (27 days ago)

A “bitter” deal for Cyprus to save it from bankruptcy and stop an economic crisis spreading across Europe was hailed by Eurozone chiefs today as Cypriots were warned of “pain” for many years to come.
standard.co.uk (1 month and 24 days ago)

European commission says eurozone will not return to growth until 2014 – reversing prediction for end to recession this yearThe eurozone will not return to growth until 2014, the European commission said on Friday, reversing its prediction for an end to recession this year and blaming a lack of bank lending and record joblessness for delaying the recovery.The 17-nation...
guardian.co.uk (2 months and 27 days ago)

While the chancellor will be cheered by the latest retail sales and public finances data, news from the eurozone will hit the UK hardNapoleon always said he wanted lucky generals, and by that token David Cameron chose the wrong man in George Osborne. Even when the chancellor received some desperately needed good news – as he did on the day after the budget – it came with a...
guardian.co.uk (2 months ago)

Cyprus is “hours away” from an economic catastrophe which could plunge the eurozone into an unprecedented crisis, its government spokesman warned today.
standard.co.uk (1 month and 27 days ago)

A “bitter” deal for Cyprus to save it from bankruptcy and stop an economic crisis spreading across Europe was hailed by Eurozone chiefs today as Cypriots were warned of “pain” for many years to come.
standard.co.uk (1 month and 24 days ago)
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