Greek Drachma

Tourist agencies see that the election of the new Greek government could mean cheaper holidays, fewer strikes and better transport in Greece, according to a Telegraph report. The slump of the European common currency is an important factor, especially for...

International bond markets are very skeptical over the Eurozone's future, noted German newspaper Die Welt, as almost 12% of investors expect that at least one country will leave the common currency area, implying Greece. This skepticism can be the reason...

It’s gone now, but foreign exchange dealers for a time Friday were shocked to see a brand new currency appearing on their Bloomberg screens: a post-euro drachma. The news set the trader grapevine and Twittersphere ablaze with speculation the financial...