Tag Greece

Eurozone. Germany, Greece play chicken

It may be a holiday weekend in the US but in Europe, the Eurozone is disintegrating. We are watching history unfold as we barbecue  burgers here. Greek Euro exit may exceed 1 trillion euros and would be “unmanageable” The European Central Bank’s…

Greece will leave Eurozone, says German press

From tomorrow’s edition of Deutsche Wirtschafts Nachricthen: “The Greece-exit is a done deal: According to the German economic news from financial circles EU and the ECB have abandoned the motherland of democracy as a euro member. The reason is, interestingly,…

Acropolis Now. Greek debt crisis

From those wild-eyed alarmists at The Economist. The Greek debt crisis is spreading. Europe needs a bolder, broader solution—and quickly. The Eurozone is crumbling as JPM shows huge and growing losses for reckless trading. People get ready, the financial system…