Greece

A bombshell revelation from a French book, claiming that the SYRIZA government asked Russia to print drachmas in order to replace the euro in 2015 has opened a new round of political controversy in Greece. The claim, made in the...

The bridge of Karytaina is widely known as the '5,000-drachma bill bridge' because its image, along with that of the town, was on an old Greek banknote. The stone bridge in the mountainous Arcadia region of the Peloponnese is one...

New Democracy chief Kyriakos Mitsotakis and Alexis Tsipras exchanged accusations over crime, bailout program and Grexit in Greek Parliament on Friday during the "Hour of the prime minister" session. The opposition leader talked about a rise in crime rates and...

A Greek government source denied reports in a book by French President Francois Hollande that claims Greek Prime Minister Alexis Tsipras may have called on Russian President Vladimir Putin's assistance to print a Greek currency. The book, "A President...

As the outrage mounts in Greece over even tougher austerity measures and €5.4 billion budget cuts, the fear of a Grexit and revival of the drachma is a subject of much discussion throughout the country. In fact, according to...

With the September 20 Greek elections fast approaching, Popular Unity leader Panagiotis Lafazanis gave a press conference at the Thessaloniki International Fair (TIF) on Tuesday to discuss his exit from SYRIZA and his party's support for a national currency. Lafazanis noted that his...

Greece's former Energy and Finance Ministers worked secretly on schemes to return to the drachma, according to two German media. Spiegel Online featured an article about the reactions of Greek opposition parties to the alleged scheme by former Finance Minister...

Greek Prime Minister Alexis Tsipras has asked Russian President Vladimir Putin for 10 billion dollars in order to print drachmas, according to newspaper "To Vima." The newspaper report cited Tsipras saying in his last major interview to Greek national broadcaster ERT that "in order for...

Yanis Varoufakis resigned from his finance minister post just a week ago and is already causing commotion away from the center of political and economic activity. Varoufakis gave an extensive interview to Harry Lambert for the NewStatesman, released on July 13, in which he...

Evidence pointing to international espionage, a plot to murder former Greek Prime Minister Costas Karamanlis and a 2012 plan for Greece's exit from the euro code-named the "Silver Drachma" are just some of the sensational findings unveiled in a report...

If Greece leaves the euro, that does not necessarily mean that the country will face an inevitable disaster, says a Bloomberg analysis. The article by Adam Slater, economist at Oxford Economics Ltd, takes the example of more than 70 cases...

A new poll shows that 66.5 percent of Greeks favor the euro, while only 27 percent would like to see Greece returning to the drachma. The survey was conducted by the University of Macedonia after several members of the Greek...

Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.

An interesting scenario regarding Greece’s future in the monetary union that has not been on the table so far was published today by Reuters. Citing unnamed Eurozone officials, the London-based news agency is saying that if a reforms-for-cash deal...

In the past few weeks, the word "Grexit" plays daily in international media. A few days before Sunday's pivotal elections, that most likely will bring the first left-wing government in Greece, the drachma is back on the lips of...