WASHINGTON (AP) — With each day, the likelihood is growing that Greece’s financial catastrophe will force it out of the euro currency alliance and compel it to restore its old currency, the drachma.

In the Greek city of Volos a new currency has emerged. With the Greek economy struggling, unemployment up, and austerity kicking in, some Greeks seem to be turning towards social entrepreneurship as a ...

FRANKFURT, Germany (AP) — With aid negotiations off and ATMs running out of money, it’s not speculation any more. Greece could leave the euro. And soon. What would that mean for the Greek people and ...

As Greece’s financial pli-ght worsens, an odd idea keeps popping up: a parallel currency alongside the euro that would circulate inside Greece and be used to pay for anything from taxes to food and ...