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Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its ...
Greece’s affair with the euro began with the grandest of hopes ... years by all eurozone countries – not even that staunch advocate of strict discipline, Germany itself.
“Greece’s position within the euro area is a historic conquest of the country that cannot be put in doubt. This acquis by the Greek people cannot depend on a referendum. The country must feel safe and ...
But today’s euro trades at a single exchange rate that may suit some of its member nations but not others. For Greece, it has become the equivalent of a straitjacket. So why doesn’t Greece ...
June 30, 2015 Greece adopted the euro in 2001 despite severe structural problems and very high deficits and debt-to-G.D.P. ratios, using creative accounting to cover up that reality. It was also ...
NEW YORK (CNNMoney) -- There is a one-in-three chance Greece will leave the euro currency union in the months ahead, according to Standard & Poor's. The ratings agency issued a report Monday that ...
Following the war in Ukraine and cuts of Russian gas supply in Europe, Greece's role as a transit route for gas to Bulgaria and other central European countries has strengthened as many users ...
ATHENS - The European Union needs to boost its defence role and arms industry and improve cooperation with Nato, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday after talks with the ...