Greece
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drachma

EIB Asks Greek Firms To Sign Euro-Exit Loan Clauses

The European Investment Bank is inserting clauses in the loan deals it signs with Greek firms in order to renegotiate debts in case the country exits the euro zone and reverts to the drachma, Kathimerini reported. According to the newspaper,...

Most Germans Want Greece to Quit Euro

The majority of Germans feel the euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed on Sunday. The Emnid poll said 53 percent of Germans surveyed thought...

Papademos Says Leaving the Euro “is Really not an Option”

Greek Prime Minister Lucas Papademos on Monday said abandoning the euro and returning to the drachma was "really not an option," for the country. In an interview with CNBC, Papademos also said he was confident the country would avoid...