Exclusive: Euro Zone Discussed Capital Controls If Greek Exits Euro: Sources

BRUSSELS (Reuters) - 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.

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BING NEWS:
  • Exclusive
    Euro zone finance ministers backed on Thursday a precautionary credit line for Greece after the country exits ... recapitalise Greek banks, euro zone officials said. The money turned out not to be needed after the European Central Bank's capital adequacy ...
    06/10/2014 - 5:43 pm | View Link
  • EXCLUSIVE
    No decisions have been taken on the calls, but members of the Eurogroup Working Group, which consists of euro zone deputy ... a bank run or capital flight. As well as limiting cash withdrawals and imposing capital controls, they have discussed the ...
    06/11/2012 - 6:23 pm | View Link
  • Exclusive
    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 ...
    06/11/2012 - 8:23 am | View Link
  • Exclusive: Euro zone discussed capital controls if Greek exits euro: sources
    EU officials have told Reuters the ideas are part of a range of contingency plans. They emphasized that the discussions were merely about being prepared for any eventuality rather than planning for something they expect to happen - no one Reuters has ...
    06/11/2012 - 6:56 am | View Link
  • Exclusive: Euro zone discussed capital controls if Greek exits euro: sources
    BRUSSELS (Reuters) - 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 ...
    06/11/2012 - 5:16 am | View Link
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