Plan B: Printing presses on standby to beat euro’s demise
Central banks in eurozone countries are making contingency plans for
the possible collapse of the euro.Demand for money-printing services is
expected to soar as old national currencies prepare for a come-back.
The Central Bank of Ireland is doing an evaluation of its need for
additional printing capacity in case it has to go back to producing
Irish pound notes, according to the Wall Street Journal.
The bank
is one of several in the eurozone with printing capabilities of its
own, currently used to churn out new euro bills. Last year, Ireland
printed 127.5 million 10-euro notes..... MORE
Source: RT.com
URL: http://rt.com/news/euro-fall-printing-notes-431/
29. Alam n'yo kaya na ngayon ang ika-115 na pagdiriwang ng pinakaunang
labanan ng Himagsikan bago pa man ang pangkalahataang pag-aaklas? Ngayon
unang lum...
12 years ago
1 comment
kaya umatake sa libya itong nato eh--medyo.medyo lumulubog na ang ekonomiya nila. nakikita talaga sa kagipitan kung sino ang tunay na mabait at ang dmnyong nagtatago sa damit anghel.
"The latter, a source told WSJ, is concerned that if the eurozone unravels, the plant would be overwhelmed with orders and would not be able to print pounds. Britain is reportedly considering steps to ensure that such contingency would not cause damage to the UK’s own interests."
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