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Current Greece News Today

Italy's Monti says Greece will probably keep euro
ROME (Reuters) - Greece will probably remain in the euro zone, Italian Prime Minister Mario Monti said on Thursday, but demands made of Greece by its partners had been unrealistic and far reaching economic reform could take decades to achieve. "Anything can happen, but I think the most probable outcome is the one which is most positive for Greece and for all of us," Monti said on an Italian ...

Thu, 24 May 2012 15:06:27 -0700

Greece to Exit Euro, New Currency to Fall 60%: Citi
Greece will leave the euro zone next year and the country's new currency will "immediately fall by 60 percent," according to Citi chief economist Willem Buiter.

Thu, 24 May 2012 06:50:21 -0700

EU running out of time as Greece nears the exit
European leaders insist they want to keep Greece in the eurozone, but are putting off any agreement on how they hope to accomplish that. Greece says it, too, wants to stay in the eurozone, but until after elections it's uncertain whether it can implement the austerity that Europe has set as a condition for doing so.

Thu, 24 May 2012 16:25:21 -0700

Would Greece's exit strengthen the euro?
Markets are jittery over the possibility that Greece will leave the euro. But the much-feared move could actually benefit the currency bloc

Thu, 24 May 2012 05:05:00 -0700

EU vows to keep Greece in the fold but plans for exit
European Union leaders pledged support for Greece on Thursday, vowing to keep the debt-wracked country in the eurozone as officials prepared behind the scenes for a possible doomsday scenario of exit.

Thu, 24 May 2012 01:21:47 -0700

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