By Sam bot on March 5, 2015
bailout, debt, drachma, europe, european central bank, germany, greece
Europe, Politics, Stories, Videos
![Why The Drachma Can’t Save Greece: Goldman Why The Drachma Can’t Save Greece: Goldman](http://unitedstill.com/wp-content/themes/_stylebook/timthumb.php?src=http%3A%2F%2Funitedstill.com%2Fwp-content%2Fuploads%2F2015%2F03%2Fdrachma.jpg&q=90&w=795&h=470&zc=1)
VIA “cnbc.com” by Leslie Shaffer Fears Greece may exit the euro and revive the drachma abound, but attempting a return to the currency Athens left behind would have tragic results, Goldman Sachs said. “Transitioning from the euro to a new national currency is no straightforward task either for Greece or for Europe,” Goldman said in […]
By Sam bot on February 28, 2015
bankruptcy, debt, deflation, drachma, economy, greece
Politics, Stories, Videos
![Humiliated Greece Eyes Byzantine Pivot As Crises Deepens Humiliated Greece Eyes Byzantine Pivot As Crises Deepens](http://unitedstill.com/wp-content/themes/_stylebook/timthumb.php?src=http%3A%2F%2Funitedstill.com%2Fwp-content%2Fuploads%2F2015%2F02%2Feuro.jpg&q=90&w=795&h=470&zc=1)
VIA “telegraph.co.uk” by Ambrose Evans-Pritchard, in Athens Greece’s new currency designs are ready. The green 50 drachma note features Cornelius Castoriadis, the Marxisant philosopher and sworn enemy of privatisation. The Nobel poet Odysseus Elytis – voice of Eastward-looking Hellenism – honours the 200 note. The bills rise to 10,000 drachma, a wise precaution lest there […]