#1 HSBC tests cash machines in Athens for drachmas06-03-2012, 05:58 PMHSBC has tested its cash machines in Greece to check whether they could cope with the reintroduction of the drachma if the country drops out of the euro.
It is the clearest sign yet that the international financial sector believes Greece is on the brink of quitting the single currency and returning to its former currency.
An HSBC spokesman said: ‘Like all banks, we have been working with regulators to undertake preparatory work at multiple levels in the event of a sovereign default, an exit from the euro, or any other eventuality.’
06-03-2012, 06:30 PM
Swiftly to be followed by Spexit and then Itexit.
Needs to happen but still, will not be good, at all.20010911
nie vergessen, nie verzeihen.
06-03-2012, 06:33 PM
It'd be better if they just got on and did it, this slow lingering failure is just prolonging the agony.
06-03-2012, 06:45 PM"Our president delivered his State of the Union message to Congress. That is one of the things his contract calls for -- to tell congress the condition of the country. This message, as I say, is to Congress. The rest of the people know the condition of the country, for they live in it, but Congress has no idea what is going on in America, so the president has to tell 'em." ~ Will Rogers
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