Tag Archive: Politics of Greece


Greece & The Euro

For the better part of a decade now, the world has been hearing stories about financial woes in Greece in addition toGreece_1 growing tension between the Greeks and other European countries taking part in the Euro system. For those who aren’t particularly attached to the Euro or major European industries for purposes of investment, it’s been easy to gloss over these stories; from afar, it’s simple to shrug off the news and assume everything will work out.

But who would have really thought that this far into the apparent success of the single currency system in Europe, Greece might actually be on its way out? According to some off the latest reports regarding current debt management negotiations and Greek impact on the Euro and European stocks, a departure from the Euro has become a real possibility for Athens.

Following the latest breakdown in debt negotiations between the International Monetary Fund and Greek officials this past week, Reuters made note of “another setback in Greek debt talks took their toll on European markets.” The article goes on to mention that “Greek assets bore the brunt of the pain,” and yet as negotiations with the potentially defaulting nation continue to go poorly, there’s a growing sense among some that the Euro as a whole will continue to be held down. Continue reading

Well when you wake up on this weekend after hangover the history could have changed. A small country Greece has already put companies around the world on high alert on the occasion of Greek vote. This would be so fast that election will be held on sunday and by 11pm you will have the winner.

The major 3 parties and their view if the come to the power : Continue reading

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