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 ...

Alan Greenspan has harsh words for Greece: hit the road jack ... as to say the world would be better off without the euro. He says the currency union is too complex unless Europe decides to ...

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 ...

Troubles in Greece and Spain added to concern the euro zone lacks a firm plan ... global head of currency and fixed income strategy at Nomura Securities in New York. "The second round of the ...

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.

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.

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 ...

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 ...