IS THE NEW DRACHMA ALREADY BEING PRINTED?

BY Thomas Reisener

While politicians publicly [have not decided] yet on the fate of Greece in the Euro,a new version of the old Greek national currency apparently is being printed already at the world’s largest private money printer De La Rue, in a large printing company in the vicinity of Manchester, UK. A paper company known to one of our editors based in North Rhine-WESTPHALIA provides material for printing of Drachmas at De La Rue through an intermediary. The middlemen, who must remain anonymous at the request of the company, say they have already seen the new printed drachmas with their own eyes. De La Rue declined to confirm or


deny the information on Thursday yet. “We generally do not comment on such speculation,” said a spokesman. De La Rue produces banknotes for over 150 currencies, and Greece was formerly part of the customer. EU Trade Commissioner Karel De Gucht had recently said in an interview with the Belgian newspaper “De Standaard”, the European Central Bank (ECB) and the European Commission were already working on emergency situations in case that Greece withdraw from the euro-zone should. “Eighteen months ago, like the danger of a domino effect existed,” said the Belgian EU Commissioner for the paper, referring to the danger of loss of credibility of other debt countries in Europe, “but now departments are working in the European Central Bank and the European Commission to emergency situations in case that does not succeed in Greece. ”

Source: RP-Online