...... if Greece quits euro


EU finance chiefs today admitted holding contingency ‘discussions’ about possibly putting limits on Greek cash machines to stop mass withdrawals if Greece quits the euro. European Commission officials also discussed imposing border checks and capital controls in a bid to stop a possible flight of funds. 'There are indeed discussions, and we are asked to clarify what is foreseen in EU treaties,’ said Commission spokesman Olivier Bailly following a raft of press reports claiming this had happened. He refused to reveal the precise details of the talks but admitted some of these ideas had been discussed under ‘disaster scenarios’.....Read more HERE