EU EURO COUNTRIES: The end of the world as we know it

Monday, June 18, 2012

RAYLOKEJune 18, 2012 at 10:18 AM
Fearing that a financial collapse is imminent, Greek depositors rush for the exit. This time, the European Central Bank refuses to come to the rescue and Greek banks are starved of cash. The Greek government institutes capital controls and is ultimately forced to issue drachmas in order to supply domestic liquidity.
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EU EURO COUNTRIES