The Traderszone Network

Published in TZ Latest News 22 February, 2015 by The TZ Newswire Staff

Ten days that shook the euro; how Greece came to the brink

Germany’s Wolfgang Schaeuble, the “immovable object” in the words of one economist, stopped Greece’s charismatic new finance minister Yanis Varoufakis in his tracks, forcing Athens to extend a bailout program on Friday on terms its government was just elected to get out of. The new Greek found itself without a single firm ally among 18 euro zone peers in its drive to reverse austerity and renegotiate its debt pile.

read more