
Greek reversion to drachma easier than euro conversion, say analysts

The possibility of Greece exiting the euro is met with abject terror from economists worldwide. But if the struggling nation were to pull the plug on the single currency and decide to return to the drachma, economics aside, the process would be startlingly simple.
"Converting national payment systems is of course not easy, but it is probably easier than one might think," says an analyst from a central bank in Europe. "It can be less complex than the introduction of the euro to go back to the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Foreign exchange
7 days in 60 seconds
CCPs, margin ease and equity option freeze
The week on Risk.net, November 25–29, 2019
Receive this by email