Lacking its own currency, Greece cannot restore international ... deliberately omitted the mapping out of an exit strategy from the euro does not mean that the arrangement will not be torn asunder ...

Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its ...

Greece has become the twelfth country to join the European single currency, ditching its own currency, the drachma. The Greek Finance Minister, Ioannis Papandoniou, described it has an historic day ...

The uncertainty has raised concerns that Greece could miss a debt payment and drop the euro currency ... that the executive overseeing its trading strategy would step down. Morgan Stanley and ...

When the 2008-2009 global financial crunch hit, Greece ... adjustment strategy was much less costly than the alternative, giving up their pegged exchange rate to the euro. A currency devaluation ...

The latest episode of Greece's debt crisis has revived ... overwhelm the political will that holds the euro together. Countries that share a single currency cannot devalue when their economies ...

But since Greece no longer has its own currency, it is not free to follow this strategy. So what can Greece ... Or it can seek a real bail-out from its euro partners, in which they give the ...

The euro erased losses on Monday as the shock ... where choppy consolidative trade prevails," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York.

LONDON (Reuters) - The latest episode of Greece's debt crisis has revived doubts ... will eventually overwhelm the political will that holds the euro together. Countries that share a single currency ...