Whispers Of Greek Capital Controls Begin | WHAT REALLY HAPPENED

Whispers Of Greek Capital Controls Begin

That didn't take long: just hours after Greece entered the ECB countdown mode, with now just 23 days until midnight on February 28, when the ECB is set to yank the final pillar of liquidity support, the ELA - as it has warned before - it is time to start contemplating Plan B, or rather plan Z. A plan, which as described by Nordea's analyst Jan von Gerich, would be quite unpleasant for that nearly extinct class of Greeks, bank depositors, because the "plan", or rather blueprint, is a well-known one: capital controls.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA