Bank Of Greece Pleads For Deal, Says “Uncontrollable Crisis”, “Soaring Inflation” Coming
by Tyler Durden
ZeroHedge.com
06/17/2015
As the war of words between Athens and Brussels reaches a fever pitch ahead of Thursday’s Eurogroup meeting, the Bank of Greece has made a plea to both sides as capital controls and a “Lehman Weekend” loom. “A manageable debt crisis, as the one that we are currently addressing with the help of our partners, would snowball into an uncontrollable crisis, with great risks for the banking system and financial stability. An exit from the euro would only compound the already adverse environment, as the ensuing acute exchange rate crisis would send inflation soaring.
The Rest…HERE
