Greece Euro Exit

A deputy German Finance Minister dismissed a magazine report saying Finance Minister Wolfgang Schaeuble had told conservative members of parliament on Friday to prepare for a looming Greek bankruptcy and euro zone exit. "This report is nonsense," Deputy Finance Minister...

HSBC has tested its cash machines in Greece to check whether they could cope with the reintroduction of the drachma if the country drops out of the euro. It is the clearest sign yet that the international financial sector...

Moody's rating agency said it was lowering Greece's highest possible credit rating because there was an increased risk that the country would exit the euro zone. Moody's said it "has lowered its assessment of the highest rating that can be...

The head of the International Monetary Fund on Tuesday raised the possibility that Greece could leave the eurozone in an orderly fashion. "If the country's budgetary commitments are not honored, there are appropriate revisions to do, which means either supplementary...

Greece has "seriously considered" leaving the euro, an adviser to the country΄s former Prime Minister has told Sky News. Richard Parker, who advised George Papandreou, the country΄s leader until late last year, said the government investigated the prospect of exiting...