EU 'could limit withdrawals from cash machines' if Greek exit tips eurozone into deeper crisisJune 12, 2012
Source: Daily Mail
European Union officials have discussed measures to stop mass withdrawals from cash machines, a report claimed today, if a Greek exit were to tip the eurozone into a deeper crisis.
Finance officials have also discussed imposing border checks and introducing eurozone capital controls, in order to check a possible flight of funds, according to Reuters news agency.
The officials stressed they did not expect Greece to leave the euro and the ideas were from a range of contingency plans - but the preparations indicate the gravity which EU leaders are attaching to a potential Greek exit.Read more...