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Without the explicit backing of other member states it is highly unlikely that a parallel currency strategy could work to keep Greece in the euro. Instead the discussion of such a measure speaks ...
The uncertainty has raised concerns that Greece could miss a debt payment and drop the euro currency ... that the executive overseeing its trading strategy would step down. Morgan Stanley and ...
For a country with a relatively small economy and stock market, Greece continues ... A year ago a euro was worth almost $1.40. How much should we read into this? In terms of the currency, there's ...
Creating a plan to handle a new currency ... Greece. That’s why Wynne Rumpeltin, a vice president of sovereign risk at State Street Bank, compares her company’s plan to military strategy.
Greece's GDP is 3% of the euro zone total; Spain's, at 12%, is more important. Also different is the nature of their debts. From the introduction of the euro currency in the first quarter of 1999 ...
The latest round of wrangling between Greece and its European creditors has demonstrated yet again that countries with such disparate economies should never have entered a currency union.
This development places in question the future of the joint European currency ... The speculation against Greece, Portugal, Spain and the euro makes clear that the progressive unification of ...
Greece was different: Though small within Europe's economy, it was an advanced country that shared the euro currency. It was initially unthinkable to European leaders that such a country should ...
For those interested in investing in the country, the bigger issue is that the euro is ... to avoid the currency. So that still leaves the question: “Should I invest in Greece?” ...
thinks it would be a disaster for Greece to drop the euro – a development that would turn it into “just another Balkan country.” “Prices would still be really high and our currency would ...