eurozone Archives - Page 6 of 6 - Keep Talking Greece

Merkel Admits: “Greek Austerity Imposed to Set an Example to Entire Euro Zone”

June 12, 2012 Economy 72

Masks have fallen with in a manner of unprecedented boldness. German Chancellor Angela Merkel openly admitted that the austerity programme imposed on Greece was necessary just to set an example to the other euro zone countries. Young Merkel’s Most Secret Wish: “Greeks as lab rats? Greeks as lab rats…” Here is …

What Will Happen if Greece Leaves the Euro?

May 10, 2012 Economy 12

There is so much talk these days about a possible euro exit of Greece, especially under a left, anti-bailout government. I found an very interesting article about the consequences for Greece and the other Euro countries. The author, an Italian, asked several market experts on the impacts that “such a shock” would …

BBC – Merkel Interview: Eurozone Must Avoid Greek Exit

March 26, 2012 Economy Comments Off on BBC – Merkel Interview: Eurozone Must Avoid Greek Exit

German Chancellor Angela Merkel told BBC that it would be a huge political mistake if debt-ridden Greece was allowed to leave the eurozone. In an exclusive interview to British broadcaster, Merkel warned that the eurozone would be “incredible weakened” without Greece. She openly said that Greece has still “a long and …

IMF Report on Greece: Growth -2%, Unemployment 18.5% for 2012

September 20, 2011 Economy Comments Off on IMF Report on Greece: Growth -2%, Unemployment 18.5% for 2012

Ominous are the forecasts of the International Monatery Fund for the Greek economy and it sees no exit from the black tunnel we are in. In its Global Report – Autumn 2011, published a couple of days ago, the IMF forecast shocking data for growth and unemployment. In fact it sees …

Is the “Euro-Drachma” a solution for Greece?

June 9, 2011 Economy 7

Is the “Euro-Drachma” a solution for the Greek crisis? No, not, a coin featuring Euro on one side and Drachma on the other side, as an internet user posted in a Greek economic forum. But the Euro-Drachma would be the currency to be used for the internal trade within Greece, …

German Fin Min shocks: Greece’s return to markets within 2012 unrealistic-programme not sufficient

June 8, 2011 Economy 1

Germany’s Finance Minister Wolfgang Schaeuble sent a letter to the European Central Bank, the International Monetary Fund and his euro zone colleagues. In the letter, dated June 6 and published by Reuters, Schaueble explains the German position on the support programme for Greece. He starts right away with a shocking …

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