ATHENS (Reuters) - In a traditional cafe in a working-class neighbourhood of Athens, 55-year-old musician Stelios Maragakis said he has the solution to Greece's debt crisis: ditch the euro. "We must ...
LONDON (Reuters) - Mainstream economic thinking may hold that Greece should stay in the euro zone, but there are those who argue that abandoning the single currency will give the cash-strapped and ...
Now that Greek voters have voted "no" in the referendum, the government is engaged in a last-ditch effort to reach agreement with its creditors on policies and financing; if an agreement is not ...
For years, the idea of Greece dumping the euro as it tried to shock its flat-lining economy back to life has been cast as an unthinkable doomsday scenario. But Sunday's lopsided vote by Greeks to ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. After Sunday’s decisive vote to reject a financial bailout offer, Greece may now be ...
Albert Einstein famously observed that a sure sign of insanity was the endless repetition of the same experiment in the hope of obtaining a different result. Yet that appears to be exactly what the ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. On April 26th, Standard and Poor’s downgraded Greece’s credit rating, and Greek ...
An update on the Greek financial crisis, an unconventional lending strategy, and what to expect in quarterly earnings. The Greek downfall is still in full swing as the voters are voicing their ...
The European sovereign debt crisis continues to shock markets as the risk of a potential EU break-up increases. In a report released Monday, Nomura’s fixed income research team analyzes the potential ...
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