Tag "drachma"
Europe
Politics
Third bailout generates new political divison in Greece
After long and difficult negotiations, the SYRIZA-led government managed to reach an agreement with Greece’s creditors on a third bailout program. However, one of the main implications in Greece’s fluid
Economics
International
Weak currencies do not boost exports, study finds
According to new data from the European Central Bank, and contrary to popular belief, weaker currencies do not boost exports, as many firms cannot react in time to take advantage