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 ...
THE HAGUE, Netherlands (AP) — Europe’s monetary union appears saved. For now. Although relief prevailed after Monday’s Greek bailout announcement, key questions remain about whether the euro currency ...
According to Phoebus Athanassiou of the European Central Bank legal counsel, writing in his personal capacity, the clear implication of existing EU treaties is that a European Monetary Union (EMU) ...
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 ...
Some 37 people suspected of being members of an organized criminal group involved in large-scale agricultural funding fraud ...
ATHENS, Greece (AP) – Greece’s debt management agency says it has raised (EURO)4.06 billion ($5.01 billion) in an auction of short-term debt, money it will use to repay a bond next week. But the ...
ATHENS (Reuters) - Greece's economy is projected to grow 2.1% in 2025, mainly driven by investment, the International Monetary Fund mission said on Thursday, adding that any crisis in major euro area ...