Is The Greek Government Testing The Waters For Drachma-tization?

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Tweet on Twitter / Via / Feb 8, 2017 9:42 AM

The deep rift between Greece’s European lenders and the International Monetary Fund leads to nothing else than to a delay in the conclusion of the second review. For one more time, the rift has triggered fears that another Greece debt crisis is looming and that even a default was at risk. While media report that the Greek government is seeking a compromise with both the European lenders and the IMF, some government lawmakers see return to drachma as the only possible scenario. Are the lawmakers expressing their own personal views or is the Greek government testing the waters for return to national currency, the Drachma, and Grexit?

Kostas Katsikis, MP of SYRIZA junior coalition partner Independent Greeks (ANEL) told a radio in Thessaloniki on Wednesday, that delay in the conclusion of the second review could coincide with the time Greece would have to meet its financial obligations. He was referring to scenarios that the second review would conclude in July, when Greece will have to make payments to interests and bonds.

“If  a solution is not

Read more ... source: The Bitcoin Channel




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