The other Eurozone countries will obviously be on the hook.
Channel 4 News Political Editor Gary Gibbon writes - We now have a draft statement from the French and the Germans which is about to be put to
the other Eurozone countries.
The Greek government tried something similar last summer but ended up effectively accepting the original deal anyway, having recognized
that other Eurozone countries would budge no further.
Not exact matches
However,
other countries already have complained that voting control remains dominated by the major promoters of arbitrage speculation — the United States, Britain and the
eurozone.
CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The euro slumped to a four - month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications for
other countries on the periphery of the
eurozone.
A key sign: Prices for government bonds of
other heavily indebted
eurozone countries — such as Spain and Italy — are not suffering in sync with Greek bonds, as they did before.
It could cause the euro to rise in value against
other currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 -
country eurozone.
The solution in the
eurozone doesn't have to be a full - blown United States of the Eurozone but if it is to be successful it is likely to include most of the mechanisms that make other currencies work in countries such as the UK and
eurozone doesn't have to be a full - blown United States of the
Eurozone but if it is to be successful it is likely to include most of the mechanisms that make other currencies work in countries such as the UK and
Eurozone but if it is to be successful it is likely to include most of the mechanisms that make
other currencies work in
countries such as the UK and the US:
The prime minister's comments came after an informal summit of EU leaders over dinner failed to reach concrete conclusions on how to address concerns about Greece's future and high borrowing rates for
other struggling
eurozone countries.
It has now been agreed that when the European Banking Authority votes on banking union matters a double vote will take place: one for
eurozone countries and a separate vote, requiring a simple majority for approval, among the EU's ten
other member states.
That would be an even more dramatic and unprecedented event and there is no reason why Greece would want to do that (on a formal level, neither leaving the
Eurozone nor the EU can legally be forced on a
country, what
other members or institutions like the ECB can do is be so uncooperative and make it so costly that the Greeks find themselves forced to take steps that effectively put them out).
«Mr Philip Hollobone (Kettering)(Con): Is it the Prime Minister's understanding that were Greece, Italy or any
other country to leave the
eurozone, it would require a treaty change?
Other countries could leave the EU and / or
Eurozone [EZ].
Headquartered in Madrid, Banco Santander is the leading financial institution by market capitalization in the
Eurozone and operates globally through a network of subsidiaries across Spain, the United Kingdom, the United States and Brazil, as well as
other European and Latin American
countries.
Ireland's economic growth has continued to outpace
other countries in the
Eurozone, which all else being equal would tend to increase demand for labour.