EU mulls blocking cash machines, borders in case of ‘Grexit’

Series Title
Series Details 11.6.12
Publication Date 12/06/2012
Content Type

EurActiv reported on 12 June 2012 that European finance officials had discussed limiting the size of withdrawals from cash machines, imposing border checks and introducing eurozone capital controls as a worst-case scenario should Athens decide to leave the euro.

European Union officials have told Reuters the ideas are part of a range of contingency plans.

Source Link Link to Main Source http://www.euractiv.com/euro-finance/eu-mulls-blocking-cash-machines-news-513248
Related Links
Reuters, 12.6.12: Exclusive - Euro zone discussed capital controls if Greece exits euro -sources http://uk.reuters.com/article/2012/06/12/uk-eurozone-greece-capital-idUKBRE85A0ZE20120612
Public Service Europe, 12.6.12: Commission 'not aware' of Greek euro exit plans http://www.publicserviceeurope.com/article/2058/commission-not-aware-of-greek-euro-exit-plans
EUObserver, 12.6.12: EU states seek advice on Greece exit scenarios http://euobserver.com/19/116593
Subject Categories
Countries / Regions ,