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Tag Archives: return to drachma

National Bank Report: Greece’s Euro Exit Would Halve Incomes

OMG! Even Greece’s biggest bank, the National Bank, joined the anti-SYRIZA chorus. You know SYRIZA don’t you? The party whose leader Alexis Tsipras “threatens” to ruin Greece, the eurozone, the global economy from the humblest hut in a remote sub-Saharan village to a impressive glass skyscraper in Wall Street. How? He wants to cancel the …

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Soros: Business Lobby Wants Return to Drachma

 Billionaire investor George Soros said a default of Greece may not have to result in an exit of the country from the euro area. “Greece may pose a problem if it in fact defaults but defaulting by itself doesn’t necessarily mean they will leave the euro,” Soros told reporters in …

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