Would the drachma make a return to Greece if the country leaves the euro? — -- If Greece and its 11 million people left the European Union, it would be an unprecedented move within the monetary ...
THE HAGUE, Netherlands (AP) — Europe’s monetary union appears saved. For now. Although relief prevailed after Monday’s Greek bailout announcement, key questions remain about whether the euro currency ...
ATHENS (Reuters) -The Greek government will soon announce an out-of-court settlement for billions of euros in Swiss franc-denominated mortgages as it seeks to end a long-running dispute over soaring ...
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FRANKFURT/ BRUSSELS (Reuters) - The thinning oxygen supply to Greek banks could leave Athens with little choice but to introduce a form of second currency, European officials believe, a temporary ...
The other candidate is Belgium’s deputy prime minister Vincent Van Peteghem, a fiscal conservative with a much longer ...
FRANKFURT (Reuters) - The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, creating a virtual second currency within the euro ...