Next Steps for Greece: The Complete Post-Referendum Roadmap Source: ZeroHedge.com As reported earlier this morning, a slim majority of Greeks now support a "no" vote on the referendum set for this weekend. As a reminder, it's as yet ucnclear precisely what it is that Greeks will be voting on given … [Read more...]
What Are Capital Controls?
What Are Capital Controls? Source: Bloomberg With bank deposits flowing out of Greece at a record pace amid doubts about its future in the euro, the country has instituted banking restrictions called capital controls. But just what are capital controls, do they work and does Greece have any other … [Read more...]