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Eurozone

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Euro has always been a shaky concept with or without Greece

Jul 01, 2015

Euro has always been a shaky concept with or without Greece

The Eurozone was essentially a monetary union without being a political one. #Greece #Eurozone #the European Union.
Obama calls Francois Hollande to discuss ways to help debt-ridden Greece

Jun 30, 2015

Obama calls Francois Hollande to discuss ways to help debt-ridden Greece

US President Barack Obama and his French counterpart Francois Hollande have agreed to combine their efforts to work on a package that will return the financial crisis-hit Greece to the path of recovery. #United States #Barack Obama #France #NewsTracker #Greece #Eurozone #Franois Hollande
The dollar, Russia and China: Three reasons Greece exiting Eurozone will worry US

Jun 30, 2015

The dollar, Russia and China: Three reasons Greece exiting Eurozone will worry US

The biggest implication of the Greek default is for the worlds sole superpower, the United States, as it would significantly weaken the euro against the dollar. #World #China #US #Greece #Russia #ConnectTheDots #Euro #Eurozone
Greece hit by closed banks, warnings from eurozone as talks break down

Jun 30, 2015

Greece hit by closed banks, warnings from eurozone as talks break down

Anxious pensioners swarmed closed bank branches on Tuesday and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a 5 July referendum. #Debt #NewsTracker #Greece #European Union #bailout #Eurozone #EU #Greek debt #Bank of Greece
Pensioners queue outside Greek banks amid withdrawal limits

Jun 29, 2015

Pensioners queue outside Greek banks amid withdrawal limits

Banks and ATM machines were shut throughout Greece on Monday, the first day of capital controls announced by the government in a dramatic twist in the country's five-year financial saga. #Banks #NewsTracker #Greece #bailout #Eurozone #Government #Athens #ATM #financial bailout
Crisis deepens as Greek central bank warns of euro exit

Jun 17, 2015

Crisis deepens as Greek central bank warns of euro exit

The Greek central bank warned for the first time on Wednesday that the country could suffer a "painful" exit from the eurozone and even the EU if it fails to reach a bailout deal with international creditors. #World #Economy #NewsTracker #Greece #Europe #Eurozone #Bank of Greece
Greece averts cash crunch as Eurozone agrees to four-month loan extension

Feb 21, 2015

Greece averts cash crunch as Eurozone agrees to four-month loan extension

Euro zone finance ministers agreed in principle on Friday to extend Greece's financial rescue by four months, averting a potential cash crunch in March #Debt #Greece #Germany #Eurozone #Greece debt #Greece bailout
Sensex gains 41 points in fifth day of rise, eyes glued on Greece

Feb 16, 2015

Sensex gains 41 points in fifth day of rise, eyes glued on Greece

The 30-share Sensex hit a session high of 29,325.35 in the first half but succumbed to profit-booking at fag-end and slipped into the negative zone as it hit a low of 29,083.40. #Investing #Sensex #Inflation #Tata Steel #Tata Motors #Greece #NTPC #Capital goods #ONGC #Wholesale price index #Eurozone #BSE #realty #MarketClose #Yanis Varoufakis
France stands firm, says 'no question' of annulling Greece's debt

Feb 02, 2015

France stands firm, says 'no question' of annulling Greece's debt

France has said that it will not write off Greece's debt, though French Finance Minister Michel Sapin said they could discuss ways to reduce the debt burden. #World #Business #Debt #France #Greece #TheySaidIt #Eurozone #Michael Sapin #Varoufakis
Markets are not panicking over Greece exiting the Eurozone. Here's why

Jan 27, 2015

Markets are not panicking over Greece exiting the Eurozone. Here's why

In case of Greece deciding to leave the euro, Greeks will start withdrawing their euros from their banks. This would happen primarily because the new currency (probably drachma in Greeces case) would be less valuable than the euro #Banks #Greece #Eurozone #Alexis Tsipras #Grexit