Greece says has no plans to issue parallel currency
[ATHENS] Greece's government is not considering printing a new currency, a government official said on Sunday, after opinion polls showed that Greeks are set to reject an aid package from creditors in a referendum, and before polls officially closed.
"We are not discussing a parallel currency," Euclid Tsakalotos, the coordinator of negotiations with the country's creditors, told Star TV.
"I do not think...that they are going to throw us out. We are ready to meet them as early as tonight." Eurozone policymakers had earlier warned a 'No' vote would make it difficult for the European Central Bank to offer Greek lenders the emergency financial assistance they rely on.
REUTERS Read more on the Greek crisis here.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year
Decarbonisation schemes are generating hot air