Beginning Friday, the Bank of Greece will stop exchanging drachma notes for euros. The deadline comes at an uncertain time for Greeks, who worry that their country's debt crisis could eventually force it out of the eurozone.
NPR's business news starts with a prognosis from Ben Bernanke.
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INSKEEP: Federal Reserve Chairman Ben Bernanke is back on Capitol Hill today, for a second day of testimony. He's speaking to Senators one day after he told House members that the economic recovery is, quote, "uneven and modest." He showed no sign of what his predecessor once called irrational exuberance.
U.S. intelligence officials tracking the situation in Syria have their eye on one group in particular: al-Qaida's affiliate in Iraq.
The group has longstanding ties to Syria, and its early members weren't just Iraqis; many of them were Syrians. The former leader of al-Qaida in Iraq, Abu Musab al-Zarqawi, not only established a network of fighters in Syria, but he also folded them into his northern Iraqi faction of al-Qaida.
In the Michigan Republican primary Tuesday, Mitt Romney had a near-death experience, but he squeaked out a narrow victory over Rick Santorum. That, says veteran Republican strategist Ed Rogers, has calmed some of the anxiety in Republican circles about Romney's strength as a general election candidate.
"Mitt Romney did what he needed to do to give more certainty and more clarity to the race. He dodged a bullet; it was an ugly win," Rogers says. "It's not over. Santorum is still very competitive."