Mail & Guardian
Mail & Guardian
luke bakerlatest news & developments
EU leaders have hailed a eurozone breakthrough

EU summit works on short-term support for Spain, Italy

European finance officials are working on urgent measures to ease financial market pressure on Spain and Italy, which are too big to bail out.

Employees chat under screens showing falling stocks at the Athens Stock Exchange.

Europe’s leaders face testing month of crisis-fighting

TS Eliot said that April was the cruellest month, but for Europe’s leaders, it may prove to be June.

Angela Merkel.

Europe’s leaders meet to sort through debt chaos

Europe’s leaders will try to breathe life into their stricken economies but disagreement over plans to alleviate debt chaos has been laid bare.

‘Merkozy’ align plans to bring EU budgets under control

G20 summit fails to deliver bailout funds

The eurozone won verbal support but no new money at a G20 summit for its tortured efforts to overcome a sovereign debt crisis.

Spain downgrade weighs down eurozone leaders

A double-notch downgrade of Spain’s credit rating has piled pressure on Europe’s leaders to make progress on solving the region’s debt crisis.

Nato seeks missile defence agreement with Russia

Nato will invite Russia to take part in a missile defence shield, a move that would herald the closest cooperation since the end of the Cold War.

Israel rejects UN call to end Lebanon blockade

Israel rejected a call by United Nations Secretary General Kofi Annan on Wednesday to lift its air and sea blockade of Lebanon, saying it will only end the seven-week-old siege…