Greece has come a long way. And while the nation's economy remains deeply depressed, the risk it will exit the euro zone has been greatly reduced.
CNN Money: December 21, 2012
Standard & Poor's ratings agency has raised Greece's credit grade 6 notches to B-, yanking the debt-heavy country out of default but still keeping its devalued bonds in the junk zone.
December 19, 2012
Moody's put the European Union on notice Monday that its top-notch Aaa rating is at risk of downgrade, cutting the outlook on the EU's creditworthiness to "negative" from "stable" because of the continent's ongoing debt crisis.
MSNBC: September 4, 2012
With the exception of Germany the whole of the Eurozone is declining in production terms, posing great peril for the survival of the euro.
Ioannis Michaletos: June 6, 2012