Greek exit from Euro
Economy
Wells Fargo: Greek Exit from the Euro Could Be a ‘Lehman Event’ for Global Markets
"The European debt crisis is once again at a critical juncture ahead of the second Greek parliamentary election and as Spain appears to be nearing a possible European Union bailout.
Benchmarking recent market moves against the prior episodes of the...
Economy
Bild Report: Greek-Printed Euros Around Europe to Lose Value If There Is Greek Exit
A new report by German tabloid newspaper Bild.de is predicting the money loss European holders of Greek-printed money will face in case the debt-ridden country does exit the Euro Zone.
The most common scenario following the Greek exit from the...
Europe
Der Spiegel: Acropolis, Adieu!
"Acropolis, Adieu! Why Greece must leave the euro," reads the front-page headline of Germany's most influential magazine Der Spiegel, joining a chorus of voices in Europe's paymaster country suggesting an exit may now be the best option.
In a sign...
Greece
Citigroup: Risk Of Greek Exit From Euro Has Risen To 50%
Citigroup on Monday raised its estimate of the likelihood of a Greek exit from the euro area over the next 18 months to 50% from a prior range of 25% to 30%, according to the bank's latest "Global Economics...