Thursday, December 08, 2011

WSJ reports Ireland preparing to print its own bank notes!

The newspaper report is linked here, The most startling paragraph being the following:

In recent weeks, officials at Ireland's central bank have held preliminary discussions about whether they might need to acquire additional printing capacity in case the euro zone ruptures or Ireland exits in order to return to its prior currency, the Irish pound, according to people familiar with the matter. Officials have discussed reactivating old printers or enlisting a private company, the people said. "All kinds of things are being looked at that weren't being looked at two months ago," according to a person at one meeting. A spokeswoman for the Irish Central Bank declined to comment

Labels:

0 Comments:

Post a Comment

<< Home