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 ...

Bulgaria has the green light to join the euro next year and become the 21st member of the European Union’s currency union ...

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 ...

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 ...

SOFIA, Bulgaria -- Bulgaria is close to realizing its decades-old goal of joining the euro currency union and deepening ties ...

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 ...

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.

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 ...