Articles by Ambrose Evans-Pritchard
We found 4 results.
Iceland’s Viking Victory
Ambrose Evans-Pritchard – The Telegraph,
20 Feb 2012
Congratulations to Iceland. Fitch has upgraded the country to investment grade BBB – with stable outlook, expecting government debt to peak at 100pc of GDP. The OECD’s latest forecast said growth will be 2.4pc this year, after 2.9pc in 2011. Unemployment will fall from 7pc last year to 6.1pc this year and then 5.3pc in 2013.
→ read full articleThe Two Halves of the Eurozone Are Locked In a Broken Marriage
Ambrose Evans-Pritchard – The Daily Telegraph,
31 Oct 2011
One by one, the democracies of Southern Europe are being broken on the wheel of monetary union.
→ read full articleEurope Declares War on Rating Agencies
Ambrose Evans-Pritchard, International Business Editor – The Telegraph,
11 Jul 2011
A chorus of policy-makers from Europe and across the world have denounced Moody’s drastic downgrade of Portuguese debt as an act of financial vandalism, accusing the “Anglo-Saxon” rating agencies of driving states into bankruptcy and destabilising the global system.
→ read full articleIreland’s Debt Servitude
Ambrose Evans-Pritchard – The Telegraph,
6 Dec 2010
Stripped to its essentials, the €85bn package imposed on Ireland by the Eurogroup and the European Central Bank is a bail-out for improvident British, German, Dutch, and Belgian bankers and creditors. The Irish taxpayers carry the full burden, and deplete what remains of their reserve pension fund to cover a quarter of the cost. This arrangement – I am not going to grace it with the term deal – was announced in Brussels before the elected Taoiseach of Ireland had been able to tell his own people what their fate would be.
→ read full article