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Politics

Greek euro exit tops London summit on crisis

dailymail.co.uk (11 months and 25 days ago)

May 28, 2012

One of Italy's leading bankers last night said it was more likely than not that Greece will leave the euro as London prepared to host a private global summit on the crisis. full story

More news

Analysis : Emerging market switch could boost Greek stocks

LONDON (Reuters) - A switch from developed to emerging market stock indices could rekindle demand for Greek shares, although the crisis-hit euro zone state might sit uncomfortably among the fast-growing economies of Asia and Africa.

reuters.com (2 months and 3 days ago)

As crisis grows, Cypriots think the unthinkable: a euro exit

While Cyprus’s President spent today in Brussels in last-ditch talks to stave off a banking collapse and secure a €10bn (£8.5bn) bailout, many Greek Cypriots were reassessing their ties with the eurozone.

independent.co.uk (1 month and 27 days ago)

Deposits flew into Greek banks during Cypriot crisis

ATHENS (Reuters) - Greek bank deposits rose by more than 1.5 billion euros in March despite fears Cyprus's banking crisis would trigger deposit outflows in other indebted euro zone economies, Greece's central bank chief said.

reuters.com (1 month and 10 days ago)

Euro Zone Summit: Mistake to think crisis over - Verhofstadt

Feb. 26 - It’s an enormous mistake to think the euro zone crisis is over and no more reforms are needed but perhaps the Italian election will be a wakeup call says former Belgian Prime Minister Guy Verhofstadt

reuters.com (2 months and 25 days ago)

How to save the European Union | George Soros

There is a strong case for Germany to make a definitive choice whether to accept eurobonds or to leave the euro• The speech in fullThe euro crisis has already transformed the European Union from a voluntary association of equal states into a creditor-debtor relationship from which there is no easy escape. The creditors stand to lose large sums should a member state exit the...

guardian.co.uk (1 month and 11 days ago)

Analysis: Malta unlikely to follow Cyprus into crisis

By Martin Santa BRUSSELS (Reuters) - Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies. There are so many similarities that some investors have wondered whether Malta might follow Cyprus in needing a bailout to survive the...

yahoo.com (8 days ago)

Moody's: Cyprus Euro Exit Risk Substantial

Though it may seem a little like stating the obvious to many, Moody's comments: While the risk of a euro exit by Cyprus is substantial... ...following the economic dislocation that will be caused by the restructuring of the island's two largest banks and the imposition of capital controls in the country, it is possible that the risk of euro exit will increase further. And so...

zerohedge.com (1 month and 24 days ago)

'No joy' from Ludwig at cattle crisis meeting

Graziers at yesterday's cattle crisis summit in north-west Queensland have voiced disappointment over the swift exit by federal Agriculture Minister Joe Ludwig.

abc.net.au (14 days ago)

Greek Stocks Slump, Euro Steady

European stocks and the euro were steady, but Greek stocks were weaker as investors continued to evaluate the situation in Cyprus.

wsj.com (1 month and 25 days ago)

Greek euro exit tops London summit on crisis

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