Sentences with phrase «to leave the euro»

The bigger question is whether it will also leave the euro and what that would mean.

But some of Bernanke's colleagues were not convinced that any new measures would be particularly effective and wondered whether it would be better to save those weapons for a crisis, such as what might happen if Greece leaves the euro zone.

However, it also seems that they fear the economic impact of leaving the euro zone, which raises questions as to whether the overall EU - sentiment will boost the chances of the far - right leader Marine Le Pen.

Greece is considering leaving the euro zone, according to sources in the German government.

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.

If Spain leaves the euro, Spanish unemployment will decline sharply, but total unemployment will not, which means that German unemployment will rise.

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

«Hence it is incumbent upon the community of nations to prevent Greece from a sovereign default as well as leaving the euro, and the domino effect that this event could induce,» the study urged.

The Obama administration thinks it is worth being a lot more generous to Greece in order to ensure that it doesn't leave the euro.

It has repeatedly called for a referendum on Italy leaving the euro single currency, and has criticized EU policy making, but says it does not want Italy to abandon the European Union.

He has been pilloried by the Syriza government for warning that Greece will be thrown into apocalyptic turmoil if they ever left the euro - seen as a breach of the institution's politically neutral line.

And his remarks came as some Greek officials asserted that he has been in favor of Greece leaving the euro all along.

Madrid can confound elite consensus and move aggressively to restructure Spain's external debt while redefining its participation in the euro, for example by leaving the euro while committing credibly (i.e. with German support) to rejoin the currency union at some specified future date.

More Germans would favor leaving the euro area than those in France, Italy and Spain, according to a poll published in four European newspapers yesterday.

«I think investors now are concerned that Greece may finally leave the euro currency union,» said Dickie Wong of Kingston Securities Ltd. in Hong Kong.

A report that Greece is considering preparations to leave the euro common currency sent Asian stock markets lower Wednesday.

Alistair Cotton, senior analyst at Currencies Direct, a London foreign exchange broker and international payments provider, says: «The Germans, in effect, have drawn a line in the sand about no one leaving the euro.

The 2012 treaty changes are not put to voters, except in Ireland where a «no» vote in early 2013 stirs debate on Ireland leaving the euro.

Although Le Pen talks of leaving the euro, the French market suggests this is unlikely to happen.

But of course once Spain leaves the euro and devalues, its external debt will soar.

«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.

The capital hole has emerged chiefly due to the rising number of Greeks unable or unwilling to repay their debt, after a dispute over reforms between the leftist government and international lenders almost saw Greece leave the euro.

NEW YORK, April 23 - The U.S. dollar rallied to a four - month high on Monday as the 10 - year Treasury yield's climb toward the psychologically important 3 percent level spurred buying of the greenback, leaving the euro and yen lower.

More than half of the French electorate want a vote on whether France should be a member of the European Union but many more do not want to leave the euro, research from Citi showed Tuesday.

A year ago, there was a real possibility of the U.S. going over the fiscal cliff and Greece leaving the euro.

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.

Indeed, there is already significant support within Italy to leave the euro.

Fear that Greece will default in a disorderly fashion and leave the euro have already led Greeks to start pulling euros out of their banks.

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.

If Greece votes No and leaves the euro, defaulting on all its debt, then Germany won't get back a huge sum of money it has used to finance Greece, The Telegraph reports:

But within Germany, there is still strong backing for being tough on Greece, or even seeing it leave the euro rather than undermine the common currency's chances of thriving in the future.

The idea is that deposit flight from Greek banks means that Greek citizens move their money abroad, where it is safe from Grexit, while Greek banks become more and more funded by the other eurozone central banks, leaving those banks to be the losers if Greece leaves the euro.

What's more, the only strategies by which Spain can regain competitiveness are either to deflate and force down wages, which will hurt workers and small businesses, or to leave the euro and devalue.

«The afflicted nations [the PIIGs], in particular, have nothing but bad choices: either they suffer the pains of deflation or they take the drastic step of leaving the euro, which won't be politically feasible until or unless all else fails (a point Greece seems to be approaching).

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.

«I don't see them leaving the euro anytime soon....

«In exchange for debt relief, the FDP would likely insist that Greece leaves the euro.

But the majority of the public in France are still pro-EU — only on the extreme right does Marine le Pen (amongst the presidential candidates) talk of leaving the euro — but pro-EU does not mean supportive of all EU policies and Europe's direction of travel.

«But if they get a lot of cranky extremists elected, they will default on their debt and everybody says they will leave the euro,» justice secretary and Europhile Ken Clarke said.

Lillikas's assertion that Cypriots would rather leave the euro than meet the troika's demands are backed up by an opinion poll published on Thursday.