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Maria Damanaki Says Greece Could Be Thrown Out of

The EU Fisheries Commissioner, Maria Damanaki, said that the membership of Greece in the Euro-zone is endangered. This is the most serious threat since these talks began a few weeks ago around the “secret meeting” in Luxembourg.

Back to the drachma for Greece?

* Note: This post is updated. Previous information posted here was mistaken.

It’s now quite clear that Greece is about to default, and that the timing is near. Here are 7 signs that Greece is close to the endgame.

On the other hand, the worries around Spain are easing today, as Spanish 10 year notes fell below 5.4%, after challenging the peak 5.6% level earlier in the week.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.