Economics
What Would a Greek Drachma Look Like? Painful.
Pensioners queue outside a closed National Bank of Greece branch in the hope that it might open in Athens on June 29. Greece shut its banks and imposed capital controls in an announcement designed to avert the collapse of its financial system, heightening the risk it will be forced out of the euro.
Photographer: Kostas Tsironis/BloombergThis article is for subscribers only.
When it comes to Greece, things are moving fast.
Peter Spiegel at the Financial Times hints at "humanitarian aid." The popular media plays up actress Kate Hudson contributing tourist dollars in Skiathos; jokes are made, but there is nothing funny here. Just for starters, all of Greece will need medical supplies that come from outside the country.