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.

Sections:  news   world   business   
RELATED ARTICLES
  • Feds in NYC: Hackers Stole $45M in ATM Card BreachFeds in NYC: Hackers Stole $45M in ATM Card Breach
    A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. More
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
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 - 10:41 pm | 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
    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 - 5:18 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
  • More
BING SEARCH:
  • International News | World News
    Get the latest international news and events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews
    12/17/2014 - 5:19 am | View Website
  • Home | USA News.com
    A separatist activist was shot dead in southern Yemen Monday as secessionists staged a day of civil disobedience, witnesses and activists said of a killing...
    12/17/2014 - 4:08 am | View Website
  • CNN Video
    China makes NYC look like the 3rd world. Bourdain: 'The Bronx is a magical place' Bourdain surprised by the modern South
    12/17/2014 - 2:20 am | View Website
  • European debt crisis
    1 Causes; 2 Evolution of the crisis. 2.1 Greece; 2.2 Ireland; 2.3 Portugal; 2.4 Spain; 2.5 Cyprus; 3 Policy reactions. 3.1 EU emergency measures. 3.1.1 European ...
    12/17/2014 - 1:09 am | View Website
  • Nouriel Roubini Blog
    Nouriel Roubini, Roubini's Edge Last Friday night, I attended the Bloomberg BusinessWeek 85th Anniversary Dinner. The party was held at the American Museum of Natural ...
    12/16/2014 - 9:20 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News