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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 ...
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 ...
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 ...
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 ...
But if the ECB forces a bank run, and state bankruptcy pushes Greece out of the euro, they will not flinch. They know that the image of a central bank collapsing its own currency, credibility and ...
Bank of Greece Governor Yannis Stournaras voiced strong support for European banking takeovers, welcoming UniCredit SpA’s ...
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 ...