Would the drachma make a return to Greece if the country leaves the euro? — -- If Greece and its 11 million people left the European Union, it would be an unprecedented move within the monetary ...
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 ...
Bulgaria's adoption of the euro on January 1, 2026, is a landmark event for the Balkans, directly impacting Greece ...
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 ...
"I don't see how it's feasible to wriggle out," says Berkely economist Barry Eichengreen. Why Greece Is Stuck With The Euro On today's Planet Money: Could the Greek crisis spell the end of the Euro?
FRANKFURT (Reuters) - The European Central Bank has analysed a scenario in which Greece runs out of money and starts paying civil servants with IOUs, creating a virtual second currency within the euro ...
Mark Blyth spends a large part of his recent article, “A Pain in the Athens: Why Greece Isn’t to Blame for the Crisis,” pointing out that much of Europe’s bailout money for Greece has been used to pay ...
Rating agency Morningstar DBRS has confirmed Greece’s long-term issuer ratings for foreign and local currency debt at BBB. At the same time, the agency affirmed the country’s short-term issuer ratings ...
FRANKFURT/ BRUSSELS (Reuters) - The thinning oxygen supply to Greek banks could leave Athens with little choice but to introduce a form of second currency, European officials believe, a temporary ...
Financial authorities in Greece have restricted access to a crypto wallet with funds originating from the Bybit exchange hack, which resulted in the loss of around $1.5 billion of ether in February.
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