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09-21-2012, 05:30 PM | #1 |
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Euro zone mulls 'Grexit' capital control
European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro. EU officials have told Reuters the ideas are part of a range of contingency plans. They emphasised that the discussions were merely about being prepared for any eventuality rather than planning for something they expect to happen - no one Reuters has spoken to expects Greece to leave the single currency area. This is sick but funny that many on this board have said we need more policies like other civilized nations in Europe |
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