By Sam bot on March 5, 2015
bailout, debt, drachma, europe, european central bank, germany, greece
Europe, Politics, Stories, Videos
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 20, 2015
debt crises, germany, greece, loan extension
Europe, Politics, Stories
VIA “bbc.com”, author not specified Germany has rejected a Greek request for a six-month extension to its eurozone loan programme. The rejection came despite the European Commission calling the Greek request “positive” only minutes earlier. Greece had sought a new six-month assistance package, rather than a renewal of the existing deal that comes with tough […]
