Ireland bailout

Voters enraged with austerity measures are preparing to vote again in June as Greece’s president looks set to fail in his eleventh hour bid to cobble together a coalition government.

Spain partially nationalised banking giant Bankia SA after concerns about its real estate exposure in a scenario reminiscent of the Irish crisis following the 2008 implosion of Lehman Bros.

In an interview with Channel 4 News Chancellor George Osborne defends his decision to give an extra £10bn loan to the International Monetary Fund while preaching austerity measures at home.

To the outsider, Ireland does not seem like a country which is gripped by a prolonged economic crisis, writes Dr Peter Stafford. But will the Guinness be flowing freely tonight for St Patrick’s day?

Petrol bombs and burning down buildings has been the Greek public’s response to austerity measures. The Irish go for a more understated display of disgruntlement, as journalist Leo Enright explains.

As Ireland negotiates its way out of recession, Channel 4 News hears that the fourth austerity budget in four years will take its toll on an already fragile country.

As France and Germany push for sanctions for eurozone members who break borrowing limits, Channel 4 News can reveal that both countries are among the worst offenders.

Chancellor George Osborne warns Britain will “find it difficult to avoid a recession” if growth in Europe grinds to a halt, while France’s central banker says Europe faces “a true financial crisis”.

As Germany says the European Central Bank does not have “unlimited firepower” to come to the aid of indebted countries, an economist tells Channel 4 News it must do.

With Silvio Berlusconi’s future in doubt, Channel 4 News looks at whether Italy is too big to bail out.

One forecast suggests the UK economy could comfortably survive a Greek exit from the euro. But a disorderly exit might result in a “horrific scenario” for this country.

Journalists close to Silvio Berlusconi say Italy’s embattled prime minister is about to resign, as a crunch vote looms in the Italian parliament.

The chairman of eurozone finance ministers, Jean-Claude Juncker, says Greece could go bankrupt if its voters reject the bailout deal in a referendum. Channel 4 News looks at the consequences.

Reports that Italian Prime Minister Silvio Berlusconi has agreed to resign in the next three months are denied by his office.