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Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its ...
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 ...
Uncertainty surrounding Greece and the Euro-zone structural vulnerability will continue to unsettle the Euro with the persistent lack of confidence making it very difficult for the currency to secure ...
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 ...
Greece has become the twelfth country to join the European single currency, ditching its own currency, the drachma. The Greek Finance Minister, Ioannis Papandoniou, described it has an historic day ...
SOFIA, Bulgaria -- Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties ...
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 ...
But since Greece no longer has its own currency, it is not free to follow this strategy. So what can Greece ... Or it can seek a real bail-out from its euro partners, in which they give the ...
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 euro erased losses on Monday as the shock ... where choppy consolidative trade prevails," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York.