Spaniards spooked by Cypriot savings grab turn to virtual currency to hide money from cash-strapped governmentTrio of Bitcoin apps soar up Spanish download chartsBitcoin is a decentralised peer-to-peer currency that cuts out banksValue soars from 32 to 48 per Bitcoin in just a week 10en.pdf” rel=”nofollow” target=”_blank”> European Central Bank report published last year warned that increased demand for Bitcoin 'could have have a negative impact on the reputation of central banks'. 'The public may perceive the incident as being caused, in part, by a central bank not doing its job properly,' the report added presciently.
UK could introduce new banknotes made of plastic says incoming Bank of England governorMark Carney said bank is 'exploring a variety of options' when asked about introducing plastic notesHe said they are 'cleaner and greener' and 'good value'Also described the notes as 'better for the environment' By Louise Eccles PUBLISHED: 05:38 GMT, 18 February 2013 | UPDATED: 10:44 GMT, 18 February 2013 Possibility: Mark Carney, the incoming governor of the Bank of England, said the bank was 'exploring a variety of options' when asked about introducing plastic notes The incoming Bank of England governor has said he is ‘exploring’ the introduction of plastic banknotes in Britain.
Iran sacks first woman minister after she dared to criticise health policies Sacking linked to criticism of poor medicine budgetShe said luxury cars were bigger importation priority UPDATED: 18:06 GMT, 27 December 2012 Dastjerdi questioned whereabouts of dollars allocated for importing medicine The first woman minister in the 30-year history of Iran's Islamic republic has been sacked by its president Mahmoud Ahmadinejad. No official reason has been given for the sacking of health minister Marziyeh Vahid Dastjerdi, but the dismissal is being linked to her criticism of the government for failing to budget fairly for the importation of vital medicines.
More than half of Britons would vote to pull out of EU: Euroscepticism has rocketed in just a decadeA poll has revealed 51 per cent of people questioned want to get out of EuropeJust 40 per cent said they wanted to stay inTen years ago a similar poll found we wanted to stay in Europe by a margin of 68 per cent to 19 per cent | UPDATED: 23:24 GMT, 26 December 2012 As it is revealed more than half of Britons would pull out of EU, David Cameron will finally make a speech setting out his vision for the UK's relationship with Europe Britain is becoming a more Eurosceptic country – with a majority saying they would vote to leave the EU. A poll has revealed that 51 per cent of respondents want to get out of Europe, against just 40 per cent who want to stay in. The survey represents a massive turnaround on a decade ago, when a similar poll found we wanted to stay in Europe by a margin of 68 per cent to 19 per cent
Italian stock market takes huge hit as 2% is wiped off following shock resignation of Prime Minister Monti | UPDATED: 18:48 GMT, 10 December 2012 Mario Monti, the unelected Italian Prime Minister, credited with restoring the country's financial credibility shocked the markets by announcing he will stand down once the 2013 budget is approved, probably later this month Italy was hammered in the financial markets today in reaction to the imminent exit of prime minister Mario Monti. The stock market lost more than two per cent, while Italy’s 10-year bond yield – how much the government pays to borrow – soared to 4.8 per cent. Mr Monti has been credited with restoring financial stability to Italy and expected to remain in office until next April
Blow for Eurozone recovery hopes as Bundesbank slashes German growth forecastBundesbank prediction is down one per cent from JuneThe German central bank expects a 0.4 per cent growth in 2013, down from 1.6 per centNews preceded U.S. unemployment fall to 7.7 per cent | UPDATED: 22:41 GMT, 7 December 2012 The German economy could slam into reverse this winter as the crisis in the eurozone intensifies, the country’s central bank warned yesterday
‘Britain would be better off out of Europe’, says minister who wants more laws to be decided by UK parliament Environment minister Owen Paterson says Britain would 'do better making own laws'He calls TV gardener Alan Tichmarsh a 'muppet' over ash tree crisis criticismDenies Conservative Party has lost touch with country roots Reinforces Tory split over wind farms calling them 'inappropriate'Pledges to see through badger cullSlams fishing laws and pledges to end quota system | UPDATED: 18:04 GMT, 8 December 2012 A cabinet minister today said Britain would be better off out of Europe, declaring: 'We want our country back'. Referring to to the raft of directives that come from Europe, Secretary of State for Environment, Food and Rural Affairs Owen Paterson said Britain 'would do a lot better if we made more laws locally in our own Parliament'.
'A naked attempt to steal our crown': France's most senior banker makes enemies in London after suggesting businesses move from capital Christian Noyer said City of London should be stripped of its status – with businesses moving into Euro ZoneBoris Johnson and Vince Cable lead criticism of 'desperate French attack' | UPDATED: 17:35 GMT, 3 December 2012 Bank of France Governor Christian Noyer: '[It's a] consequence of the choice by the UK to remain outside the euro area' France's most senior state banker was today accused of a ‘naked attempt to steal London’s financial crown’. Christian Noyer, 62-year-old governor of the Bank of France, said the City of London should be stripped of its status, and the bulk of its business be transferred to mainland Europe.