Euro Zone, Greece Leaving Euro | featured news

Relieved Europe hints at more time for Greece

Greece Bailout

Euro zone paymaster Germany, relieved at a narrow election victory for Greece's pro-bailout parties, signaled on Monday it may be willing to grant Athens more time to meet its fiscal targets to avert a catastrophic euro exit.

 

Exclusive: Euro zone discussed capital controls if Greek exits euro: sources

European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.

 

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