Some say back to the drachma for a Greek reboot

LONDON, June 26 (Reuters) - Mainstream economic thinking may hold that Greece should stay in the euro zone, but there are those who argue that abandoning the single currency will give the cash-strapped and debt-laden country just the boost it needs.

Draghi's Warning Goes Unheeded; Euro's Best Streak in a Year Stalls

The euro declined, ending a four-day rally against the dollar, as European leaders wrangled with a defiant Greece about how to avoid a default and secure financing.

Europe gives Greece another four months

The deal struck Friday by finance officials in Brussels should keep Greece afloat and safely in the euro while it works out a long term plan for economic recovery.

Pound Strengthens Versus Euro as Retail Sales Surge; Gilts Rise

The pound strengthened against the euro this week as a government report showed U.K. retail sales grew at a record pace for a December, adding to optimism the recovery is gaining momentum.