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The euro has fallen by 24 percent against the dollar over the past year and by 12.8 percent in 2015 alone. Analysts and investors say that ECB's stimulus program is forcing cash out of the Eurozone. 
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Eurozone finance ministers approve reform proposals submitted by Greece in order to obtain a four-month extension of its bailout.
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Greece, perhaps at German urging, might decide to leave the eurozone – the group of nations that use the euro as their currency – as early as Friday afternoon. At least, that’s the current thinking.
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Greece’s government is considering asking the eurogroup for a bridging loan until the start of September, sources say
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The stand-off between Greece and the rest of the eurozone will escalate, neither side will blink and the country will default
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The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.
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A coalition of radical leftist parties seem poised to take power in Greece. Could the troubled country really leave the euro zone?
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Even if the leftist opposition party SYRIZA wins Greece's national elections later this month, the party may pull itself toward the center and allow Greece to stay in the Euro, says Jens Nordvig, managing director at Nomura Securities.
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The German-Greek standoff over the debt crisis shows the need for a new policy.
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From
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Amid growing concerns whether upcoming elections in Greece will lead to the country exiting the euro zone, an EU Commission spokesperson said membership cannot be revoked.
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BERLIN (Reuters) - The German government believes that the euro zone would now be able to cope with a Greece exit if that proved to be necessary, Der Spiegel news magazine reported on Saturday, citing...
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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Met P2P voorbij markt en staat: voor een progressieve coalitie rond de commons. Met nieuws over op p2p gebaseerde praktijken en hoe de overheid, de politiek en de zakenwereld ermee (kunnen) omgaan...
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