How shock waves will hit if Greece drops euro
Bankers,governments and investors are preparing for Greece to stop using the euro as its currency,a move that could spread turmoil throughout the global financial system. The worst case envisions governments defaulting on their debts,a run on European banks and...
How shock waves will hit if Greece drops euro
Bankers,governments and investors are preparing for Greece to stop using the euro as its currency,a move that could spread turmoil throughout the global financial system. The worst case envisions governments defaulting on their debts,a run on European banks and...
How shock waves will hit if Greece drops euro
BANKERS,governments and investors are preparing for Greece to stop using the euro as its currency.
No one is sure how that would work because there is no mechanism in the European Union charter for a country's leaving the euro.In the meantime,banks and investors have sketched out...
Greek election to 'determine fate of euro'
Greece is preparing to vote in an election that could drastically alter the future course of the debt-ridden country and determine whether it exits the eurozone.With last month's vote leading to a stalemate,Greeks head back to the polls tomorrow with another tight...
Greece 'will exit crisis, not the euro'
Greece will overcome the crisis and stay in the euro,the head of the conservative New Democracy party Antonis Samaras vowed ahead of a general election critical for the country's economy."We will exit the crisis.We will not exit the euro.We will not let anyone...