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 ...

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 ...

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 ...

Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its ...

When the 2008-2009 global financial crunch hit, Greece ... adjustment strategy was much less costly than the alternative, giving up their pegged exchange rate to the euro. A currency devaluation ...

LONDON (Reuters) - The latest episode of Greece's debt crisis has revived doubts ... will eventually overwhelm the political will that holds the euro together. Countries that share a single currency ...

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 ...