The Telegraph: Greek Government is Considering Returning to Drachma
Greek government is considering a plan to returning to its previous currency- drachma. The Telegraph reports referring to its' sources close to SYRIZA.
Greece is ready to undertake these measures in order to soften the financial crisis in the country in case if the Athens do not succeed to agree with the European partners on financial support.
According to The Telegraph, most propably Greece will not may the IMF debt on April 9. The thing is that the state budget has few finances left and they intend to spend those on pensions and salaries.
"If we are to choose between a default to the IMF and a default to our people, than the choice is obvious",- a high-ranked official told The Telegraph.
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- Greek Unemployment Rises to 23.4 Percent in August, Eurozone Highest Greece's unemployment rate has come down from record highs but remains more than double the euro zone's average of 10 percent in August.
- Eurogroup to Disburse 10.3 bln Euros to Greece The Eurogroup also recalled the medium-term primary surplus target for Greece at 3.5% of GDP as of 2018 and underlined the "importance of a fiscal trajectory consistent with the fiscal commitments under...
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