Greece's Debt and the Euro

The Eurozone consists of 17 countries who share the euro. The rising debt from Greece is potentially going to harm the economies of those in the Eurozone. British politician Jack Straw has indicated the Eurozone will definitely collapse with the rising debt from Greece if something does not...

In order to relieve the financial stress currently burgeoning throughout Greece, the European Council has ordered for the country to raise 50 billion euros through privatization by 2015. This will be done so by selling state-owned companies. The growing crisis in Greece has begun to create...

Due to the growing fiscal crisis in Greece, many have speculated whether or not Greece will cease from using the euro and find an alternative form of currency. If Greece were to leave the euro, it is said that the economy would break down even more. The market within the Eurozone as well as...

The Greek recession has proven to be extremely urgent, prompting many to question the existence of the euro in Greece. In the following blog post by EconomicsHelp, the pros and cons surrounding whether or not Greece should continue using the Euro are weighed. If decided to continue using the...

As Greek Prime Minister continues to negotiate a motion of confidence, the financial struggles become even more apparent in Greece. For the first time in three days, the euro's value fell in comparison to the dollar as well as the yen.

Protests and strikes had become quite common in Greece. Farmers and workers continued to demand for better and rights from the government; although they were paid, strikers were always back with new problems arising from the government. As the budget continued to decrease, the public debt...

According to a post on the blog GreeceEconomy, leaving the euro would create even more problems for the Greek economy. The author presented the idea that introducing a new currency would create difficulties for the Greek economy being that no one would recognize or understand the value of a...