Jun 12, 2012 While most experts are still calling a return to the drachma for Greece unlikely, private companies are scenario planning just in case.
Jun 8, 2012 Greece continues to struggle through a debt and banking crisis and rumors of a 'Grexit' abound. If the country does leave the euro, how will it roll out the drachma, and what are the costs?
May 31, 2012 Today, Ireland is holding a referendum on whether to ratify Europe's new fiscal discipline pact. A vote against the treaty would challenge German-backed austerity measures.
May 24, 2012 Although eurozone members want Greece to keep the euro, contingency plans are being made in case there is a parting of ways. The cost and wider economic effects of a possible Greek exit are highly uncertain.
May 21, 2012 Depositors into European banks have their money protected, as here in the U.S., but the risk is not just that the bank might collapse, the currency might.
May 10, 2012 As an exodus in the European Union becomes more a sure thing, two of London's largest bookmakers shut down the markets for bets on Greece leaving the E.U. and the existence of the euro in a few years.
Mar 8, 2012 Private bond holders have until this afternoon to decide if they'll take major losses on their investments in order to keep Greece out of a messy default, and avoid another global crisis.
Jan 20, 2012 Joining the European Union means also eventually jumping on board with the euro currency. Why would a country want to get involved at such a moment of crisis?
Jan 19, 2012 The euro has much support in beleaguered Greece and Italy, but in Germany -- the eurozone’s strongest economy -- many wonder if it’s worth the cost.