None of this means, however, that the euro and the free-trade eurozone are inherently bad for weaker economies like Greece's. On the contrary, the counter-proposal of cheapening exports through ...

The idea is fairly simple: Greece needs to launch a parallel currency alongside the euro so that it has the money to get its unemployed citizens back to work. There's only one problem — it's ...

Euro currency calm counters Greece fears on whatsapp (opens in a new window) Save. ... Thanos Vamvakidis, head of European G10 FX Strategy at Bank of America Merrill Lynch, agrees.

The euro (Exchange: EUR=) has climbed 4 percent against the dollar this month - a move that might be viewed as out of kilter with events in the euro area, where Greece looks to be lurching ever ...

For example, when I asked for a referendum [on the European bailout program in 2011], I wanted to have our citizens decide on the future of Greece. We see very often populism and a rise in ...

The latest round of wrangling between Greece and its European creditors has demonstrated yet again that countries with such disparate economies should never have entered a currency union.

An Athenian withdraws euro bank notes from an ATM for the first time, January 2002. (Courtesy Reuters) The global financial crisis has revealed flaws in the European monetary union that make it seem ...

The latest episode of Greece's debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe's main financial centre and a hotbed of Euroscepticism.

Several useful lessons may be learned from the convergence experience of those Member States which adopted the euro, and in particular that of Greece in January 2001, which was the first ...

A global currency could provide some benefits such as eliminating currency risk, but drawbacks would include the loss of using monetary policy to influence an economy. Learn more.