Syndicate contenteuro

Neither Grexit, nor Grexident. Euro and 'drachma' in parallel?

Greece is unlikely to exit the euro, either intentionally or accidentally. But it might be forced to introduce an alternative means of payment, in parallel to the euro
Reuters: March 27, 2015

A parallel currency for Greece?

If Greece fails to get a grip on its finances, the country could be forced to issue a parallel currency - all while officially remaining in the eurozone. Is it time to revisit the idea of a "geuro?"
Deutsche Welle: March 20, 2015

Euro weakens with focus on Greek debt talks

The euro hit a seven-year low against the pound on Wednesday before a euro zone finance ministers' meeting that will discuss Greece, with any failure to find common ground on the country's debt burden likely to see volatile trading.
Reuters: February 11, 2015

Greece: Greenspan predicts exit from euro inevitable

The former head of the US central bank, Alan Greenspan, has predicted that Greece will have to leave the eurozone.
BBC: February 8, 2015

Euro Strengthens On Greek Deal Hopes

The euro climbed against its key counterparts in European deals on Tuesday, as the Greek finance minister Yanis Varoufakis proposed a plan to restructure its debt load by swapping outstanding debt for new growth-linked bonds, easing fears of debt default.
RTT News: February 3, 2015

Euro falls as Greece rejects bailout talks with troika

The euro retreated against other major currencies Friday as struggling Greece refused to meet with its international creditors and rejected fresh loans, and the eurozone showed weaker inflation.
The Business Times: January 30, 2015

Euro at near nine year low on Greek worry, policy-easing bet

The euro tumbled to near a nine-year low on Monday, undercut by growing concerns that Greek parliamentary elections will result in a left-wing government that will aim to cancel austerity measures along with a big portion of Greece's debt.
Reuters: January 5, 2015

Germany's Eurozone Woes

Despite analyses that Germany has benefited the most from the crisis, the country will soon face a dramatic dilemma to stay or leave the currency because of a multitude of factors.
Ioannis Michaletos: July 6, 2012

Eurozone: The End Is Nigh?

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

Greece is better off outside the EU

The priority now is to empty the Greek parliament of its present members and fill it with fresh faces and ideas for a new page in the Greek political history.
Ilias Sourdis: May 5, 2012