The Gloves Come Off: Moody’s Warns Of Greek “Deposit Freeze” As Schabule “Won’t Rule Out Default”
by Tyler Durden
ZeroHedge.com
05/20/2015
Asked whether he would repeat an assurance he gave in late 2012 that Greece wouldn’t default, Wolfgang Schäuble told The Wall Street Journal and French daily Les Echos that “I would have to think very hard before repeating this in the current situation.” To which Moody’s had just one thing to add: “there is a high likelihood of an imposition of capital controls and a deposit freeze.”
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