Thread: HSBC tests cash machines in Athens for drachmas

Results 1 to 4 of 4
  1. #1 HSBC tests cash machines in Athens for drachmas 
    Super Moderator bijou's Avatar
    Join Date
    May 2008
    Posts
    4,193
    HSBC 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.’
    Read more: http://www.dailymail.co.uk/money/new...#ixzz1wlnczG9X

    'Grexit' ahoy!
    Reply With Quote  
     

  2. #2  
    NeunElfer SuperMod hampshirebrit's Avatar
    Join Date
    May 2008
    Location
    TehYuk
    Posts
    3,727
    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.
    Reply With Quote  
     

  3. #3  
    Super Moderator bijou's Avatar
    Join Date
    May 2008
    Posts
    4,193
    It'd be better if they just got on and did it, this slow lingering failure is just prolonging the agony.
    Reply With Quote  
     

  4. #4  
    Senior Ape Articulate_Ape's Avatar
    Join Date
    Jan 2010
    Location
    NJ, Exit Only
    Posts
    7,948
    Quote Originally Posted by bijou View Post
    It'd be better if they just got on and did it, this slow lingering failure is just prolonging the agony.
    QFT. The same applies to the other members of the EMU/EU. They are performing CPR on something that died two years ago.
    "Reality is merely an illusion, albeit a very persistent one." ~ Albert Einstein
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •