Greece, not again?

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Although Greece is to make a multimillion-euro debt repayment due to the International Monetary Fund (IMF) Thursday, there are fears that as the country drowns in debt and repayments, default could be just a matter of time.

Greek default: Is it a question of 'when' not 'if'?

If Greece were to leave the eurozone, it would face “pretty horrendous” times in the short term, a former head of the Bank of England said. But after 2 1/2 to three years, it would have a “rapidly growing” economy and falling unemployment, said Mervyn King, who ran the Bank of England from 2003 to 2013. He spoke before an audience of mostly Princeton University professors and students Thursday.

Ex-Bank of England boss sees a way to a ‘rapidly growing’ Greece - MarketWatch