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Showing posts with label common currency. Show all posts
Showing posts with label common currency. Show all posts

12/02/2013

East African trade bloc approves monetary union deal

(Reuters) - The leaders of five East African countries signed a protocol on Saturday laying the groundwork for a monetary union within 10 years that they expect will expand regional trade.

5/21/2013

Thinking the Unthinkable: Quitting a Currency

Unemployment in Spain is at 27%. Young people are fleeing Portugal and Ireland. One-in-four Greeks say they have difficulty paying for food.

10/01/2012

Greece sure to get next aid tranche: German magazines

BERLIN: Greece will receive its next tranche of international aid despite budget shortfalls and slow progress on reforms because the euro zone does not want the country to leave the common currency, two German magazines reported on Saturday.