WASHINGTON – With each day, the likelihood is growing that Greece's financial catastrophe will force it out of the euro currency alliance and compel it to restore its old currency, the drachma. It won ...
FRANKFURT, Germany (AP) — With aid negotiations off and ATMs running out of money, it’s not speculation any more. Greece could leave the euro. And soon. What would that mean for the Greek people and ...
Greece's finance minister was on Thursday named head of the Eurogroup, the body that helps shape euro zone policy, ...
According to Phoebus Athanassiou of the European Central Bank legal counsel, writing in his personal capacity, the clear implication of existing EU treaties is that a European Monetary Union (EMU) ...