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2 July 2015
Greece isn't ready to print the drachma
GREECE—If Greece votes no in its referendum this weekend they will effectively be ditching the euro as its currency and going back to the drachma. This might be a problem, because according to the country’s finance minister Yanis Varoufakis, it has no presses to print the drachma.
"We smashed the printing presses -- we have no printing presses," Varoufakis said.
Read the story here at the Digital Journal.
"We smashed the printing presses -- we have no printing presses," Varoufakis said.
Read the story here at the Digital Journal.
Comment (1) Post a Comment
Comments:
1. Started In A Trade Shop says:
6 July 2015 at 8:47 PM
How ironic (no pun intended). Greece doesn't have the heavy iron needed to print their own money. Wait, here
comes the best part. They could buy some presses from Germany on credit and pay them back in freshly printed
Drachmas. How many bushels of Drachmas equals one bushel of Euros?
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