Sentences with phrase «country leaving the euro»

Gold futures fell the most this year on speculation that Greece's anti-austerity party victory won't result in the country leaving the euro currency bloc, crimping demand for haven assets.

Any country leaving the euro would also breach the treaties of Maastricht, Lisbon and Rome, and therefore be forced to leave the EU.

Not exact matches

If Greece does end up leaving the euro, its example could end up paving the way for a country like Italy to do the same.

Analysts worry that full - scale bank runs in Greece could prompt bank runs across Southern Europe, as investors speculate that Greece won't be the only country to leave the euro.

The European Commission, which negotiates on behalf of the other European countries, has said that the U.K. will have to pay about 60 billion euros before leaving the EU.

ATHENS, Greece (AP)-- In a major shakeup for Greek broadcasting, only two of the country's seven private TV stations have survived a landmark license auction that raised 246 million euros ($ 275 million) for the cash strapped left - wing government.

A total of 315.6 billion euros of capital has left the country in the year to end - June, equivalent to nearly one - third of the country's economic output.

The country has reportedly bowed to EU demands that it pay up to 100 bln euros when it leaves the bloc.

Greece has a new government, led by left - wing, anti-austerity Syriza — an event that has heightened fears about the country's economic future and relationship with the other 18 countries that use the euro.

«That said, however, Cyprus came closest of any country to date to leaving the euro in a disorderly fashion,» the global association of financial institutions said in a report.

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the European Central Bank would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

And the Commission is quite wrong to say that in legal terms, a country that leaves the euro must leave the EU.

So a more likely scenario than a «soaring euro» might be exit by the surplus countries within the German economic sphere (Yanis Varoufakis is predicting precisely this, and sooner rather than later) followed by a currency collapse, since the euro would then belong to those countries economically unable to leave it.

Another theory floating around is that if the weaker countries of the euro leave (e.g. Greece, etc) and the core keep the euro, then the value of the euro will actually rise.

Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the ECB would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.

The price on the left are Euros, for European countries.

I don't mind paying a bit extra as untrackable orders often get lost in my country, plus I got 7 euro left as a credit due to shipping price change.

MLex understands officials are working on a figure of potentially 40 billion euros covering the period to the end of 2019, when the country is expected to leave the union.

While not as extreme as banning cash, clamping down on moving funds out of the country (China) and hyperinflation (Venezuela and much of Africa) leaves citizens without the ability to buy euros or USD looking for anything that will depreciate slower than its currency.