Larry Elliott
British journalist Larry Elliott is the Guardian's economics editor and has been with the paper since 1988.
Updated: 18 January 2017
By Larry Elliott
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Eurozone: Spanish bailout is now inevitable
The Guardian (London) -
EU economic scoresheet: As crisis worsens, Brussels still in denial
The Guardian (London)
Spain has a collapsing economy, an imploding property market, banks nursing colossal losses, and 10-year bond yields at 7.5%. It’s time to stop pretending that there won’t be a bailout, writes The Guardian’s economics editor. 
Despite clear evidence that its austerity policies are driving struggling members into ever deeper economic agony, the European Commission presented its annual economic report on May 30 seeking to defend a strategy that is bankrupt, argues the Guardian’s economics editor.