ECB exposure to struggling eurozone economies has surged by 50% in six months; ECB unlikely to act as lender of last resort

ECB exposure to struggling eurozone economies has surged by 50% in six months; ECB unlikely to act as lender of last resort

Under my proposal, the ECB and the EFSF could do what the ECB cannot do on its own: act as a lender of last resort, writes George Soros

Education Secretary Michael Gove says dismissal will be a last resort, as new rules are announced which will allow head teachers in England to sack poor teachers more quickly.

Sheldon Adelson, owner of the Las Vegas Sands resort group, gives the struggling Republican hopeful deep-pocketed support

French prosecutors have launched a criminal investigation into Conservative MP Aidan Burley and 12 of his friends who attended a Nazi-themed stag night at an Alpine ski resort.

Open Europe yesterday published a briefing note arguing that, although the ECB is unlikely to start acting as the eurozone's lender of last resort, it is already heavily intervening in markets. Open Europe estimates that, through its government bond buying and liquidity provision to banks, the ECB’s exposure to weaker eurozone economies has now reached €705bn, up from €444bn i...

Why are 1,000 newts holding up plans to build SnOasis, the world’s first indoor winter-sports resort?

A Tory MP has apologised for "inappropriate behaviour" after taking part in a Nazi-themed party at a French ski resort.

He went on to serve as head of station in Bonn, and during the 1960s in Beirut, where he enjoyed skiing at The Cedars, a resort where, as he recalled, discipline in the lift queues improved dramatically after an attendant shot dead the two worst queue jumpers.