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Provopoulos Says Return to Drachma Would Be Hell
Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, warning that...
Drachma or Euro
One of the questions that is going through the minds of the citizens of Greece these days is, if Greece will return to the...
ICAP Readies Drachma Trading System for Greek Exit
ICAP Plc (IAP) has set up a drachma-trading platform in anticipation of Greece leaving the euro, the Sunday Times reported, citing an interview with...
Ryanair Head: Greek Tourism will Rise with Drachma
Ryanair's chief executive Michael O'Leary says Greece's tourism earnings will skyrocket if it drops out of the eurozone and reverts to a devalued version...
Greeks Take Euros at Home Under Drachma Threat
In the wake of the political chaos, panicked Greeks keep withdrawning their savings from banks fearing that their precious Euros will soon be converted...
Tourism Giant TUI Wants Payments in (new) Drachma
German daily Bild said on Saturday it had obtained a copy of a letter and contract from tourism giant TUI to Greek hoteliers, reserving the right...
European Parliament Deputy Concerned About Return To Drachma
The European Parliament deputy Mr. Skylakakis noted that the fact that the reforms in Greece do not progress as planned increase the risk...
Greek Vice-President: Drachma Return Talk “Immense Stupidity”
Vice-President of the Greek government Theodoros Pangalos blasted suggestions that Greece should exit the euro and return to the drachma as an “immense stupidity”.
In...
German FM says return to Drachma would be wrong
German Finance Minister Wolfgang Schaeuble said a Greek exit from the euro “is not taboo, but I think it’s wrong,” according to a Focus...
Government Ridicules Return to Drachma Currency
Government spokesman Giorgos Petalotis on Tuesday again dismissed the prospect of early elections. He also ridiculed a return to the drachma currency, speaking to a...


