June 21, 2010
Euro to drop 9% value against dollar on a Greek default: Bloomberg
Bloomberg again:
"Everybody knows the euro will be punished if a country defaults, but nobody knows by how much,” said Mikhail Foux, a credit strategist at Citigroup in New York."
The euro has fallen 13 percent against the dollar this year and dropped to a four-year low of $1.1877 on June 7
Related:
2011 – Creating the European Financial Stability Facility (EFSF) & the "PIIGS"
2017 – Another Greek Economic Crisis?
The Drachma almost returned to Greece 2013–2017
Greek economic Survival in the 1990s
Greece's Golden Visa program
Advertisement: I am an Amazon affiliate
Fodor's Essential Greece: with the Best of the Islands (Full-color Travel Guide) – Amazon
- Illustrated experiences guide to the top things to see and do
- Multiple itineraries to help organize your days
- 40+ detailed maps for easy navigation
- Color photos throughout
- Local recommendations for sights, dining, hotels, nightlife, shopping, and activities
- “Best of” features covering beaches, food and drink, and more
- Trip-planning tips on when to go, getting around, avoiding crowds, and saving money
- Historical and cultural insights into Greek people, art, architecture, and cuisine
- Special features on the Acropolis, Greek gods and heroes, Greek history, Meteora, and more
- Local writers highlighting lesser-known places
- Greek-language primer with useful words and phrases
- Up-to-date coverage of Athens, Santorini, Mykonos, Crete, Corfu, Rhodes, the Aegean, Sporades and Saronic islands, Delphi, Central Macedonia, Meteora, and the Peloponnese
- 800 Pages
