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    • Greece faces last chance to stay in euro as cash runs out

      Greece faces a last chance to stay in the euro zone on Tuesday when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout.

    • Why will Greece suffer even if it stays or exits EU?

      The choice before Greece is stark - it will suffer whether it stays in the eurozone or leaves. If it stays in, it will have to enforce further cuts in expenditures and social security entitlements and raise taxes. If it exits and repudiates part or most of its external debt, it will get no fresh loans from any bank.

    • Greece, Germany want to preserve euro, EMU: Crossbridge

      The Greek crisis is not just about one country, it is about the entire European Monetary Union (EMU), says Manish Singh of Crossbridge Capital. He says both Greece and Germany want to preserve the euro and EMU because they are the biggest beneficiaries.

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