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Grexit

Grexit for the Good of the Eurozone

Russell Green | Posted 04.25.2015 | World
Russell Green

If the Greeks leave the Eurozone, it would be awful. Both Greece and the remainder of the euro area would experience damaging volatility and uncertainty. But "Grexit" does not have to be all bad.

European Politics Get Edgy

Max Holleran | Posted 04.19.2015 | Politics
Max Holleran

Compared to the antics of Washington, Europe seemed like a preserve of peace and collegiality. But, as 2014 demonstrates, times have changed. EU politics have heated up as the Union meets challenges at every edge.

Austerity Policy or Tool ?

Michael Radou Moussou | Posted 04.13.2015 | Politics
Michael Radou Moussou

Any politician opting this evening for the continuation of the Greek Austerity program should be aware of these facts and try finding a more viable and less amateurish solution for the future not only of Greece but of the entire Eurozone.

Angry Greeks Threaten to Halt European Juggernaut

Doug Bandow | Posted 04.12.2015 | World
Doug Bandow

A breakdown of the European bailout program might make a Greek exit from the euro ("Grexit") the only feasible option. And the popular revolt against outsiders dictating economic policy creates a huge new roadblock to attempts to expand Brussels' power over EU members.

New Greek Leader Softens Rhetoric On Debt Talks With Europe

AP | DANICA KIRKA and MENELAOS HADJICOSTIS | Posted 04.04.2015 | World

LONDON (AP) — Britain's Treasury chief warned that the standoff between Greece and the eurozone over the country's bailout is endangering the global...

France Offers Support For Greece Amid Bailout Tensions

AP | SYLVIE CORBET | Posted 04.03.2015 | World

PARIS (AP) — France's Socialist government offered support Sunday for Greece's efforts to renegotiate debt for its huge bailout plan, amid renewed f...

New Greek Prime Minister Tsipras Pushes On With Radical Change

Reuters | Posted 03.30.2015 | World

By George Georgiopoulos and Angeliki Koutantou ATHENS, Jan 28 (Reuters) - Prime Minister Alexis Tsipras promised "radical" change on W...

Bailout Critic Named Finance Minister As Greece Announces New Cabinet

AP | Posted 01.27.2015 | World

ATHENS, Greece (AP) — A Greek economist and outspoken bailout critic has been named as finance minister in the country's new left-wing government. ...

Why a Greek Exit Should Be Feared

Gemma Godfrey | Posted 03.08.2015 | Business
Gemma Godfrey

A Greek exit from the Eurozone could be catastrophic. The country would be shunned from international markets, with a new/old currency that would devalue severely. Nevertheless, the bigger risk for investors is that the turmoil spreads to larger neighboring countries.

EU Calls Euro Membership 'Irrevocable' But Renegotiable

AP | RAF CASERT | Posted 03.07.2015 | World

BRUSSELS (AP) — The European Union's executive Commission said Monday that membership in the euro bloc is "irrevocable" but left it open to what ext...

Euro Heretics: The Left Takes on the Euro

David Adler | Posted 02.18.2014 | Money
David Adler

The euro has happened. But is it a bad idea? Will it last? Despite the reality of the full-blown depressions in Southern Europe and pauperization of the middle and working classes there, European economists have not changed their tune.

Report: Greeks Could Lose Half Their Income With Euro Exit

AP | DEREK GATOPOULOS and NICHOLAS PAPHITIS | Posted 07.29.2012 | Business

ATHENS, Greece — An exit from the euro would see Greeks lose more than half their annual income and prompt a dramatic rise in unemployment and i...

'It's Better To Be Safe Than Sorry'

Reuters | Posted 07.27.2012 | Business

By Chris Vellacott and George Georgiopoulos LONDON/ATHENS, May 28 (Reuters) - After Greece's inconclusive elections on May 6 led to po...

Greece Euro Exit Looms, Europe Fiddles

The Huffington Post | Mark Gongloff | Posted 05.24.2012 | Business

Europe and Greece are at the stage in their stormy marriage where they are consulting with divorce lawyers. And we may all feel the pain of their brea...

Eurozone Officials Tell Members To Make Plans In Case Of Greek Exit

Reuters | Posted 07.23.2012 | Business

* Eurozone officials call for Greek exit contingency planning * Bundesbank says scenario would be "manageable" * Euro z...