The agency upgraded the country’s ratings to BBB from BBB- and forecast a falling debt and general government budget surplus.
According to Phoebus Athanassiou of the European Central Bank legal counsel, writing in his personal capacity, the clear implication of existing EU treaties is that a European Monetary Union (EMU) ...
Would the drachma make a return to Greece if the country leaves the euro? — -- If Greece and its 11 million people left the European Union, it would be an unprecedented move within the monetary ...
Holger Schmieding, chief economist at Berenberg Bank in London, explains why Europe should not cut off Greece, and reveals why he wants the ECB to prove it means business. Hopes which followed Germany ...
(Reuters) -Global ratings agency Fitch upgraded Greece's long-term foreign-curency issuer default rating by a notch to "BBB" on Friday, reflecting the country's strong budget performance and debt ...