Greece: Is the Drachma being secretly printed?
The World’s largest private printer of money De La Rue in the UK, who prints currency for 150 nation’s worldwide, is reported to have began secretly printing new Greek Drachmas according to a report from the German newspaper the Rheinische Post.
An intermediary paper company has told the Rheinische Post, speaking on the condition of anonymity, they are supplying the De La Rue with material to print the new Greek currency under a secret contract.
The Rheinische Post quotes the intermediary company as saying they have seen the new printed Greece currency with their own eyes.
Here is the article: (google translation)
Emergency scenarios for Greece
Will already the new drachma printed?
By Thomas Reisener, last updated: 1st June 2012
Düsseldorf (RP). While the public policy nor the whereabouts of Greece in the Euro argue, a remake of the old Greek national currency is apparently already in print: The world's largest private money printer De La Rue, in a large printing company in the vicinity of Manchester, UK.
One of the editors known firm of North Rhine-Westphalia has supplied via an intermediary material for the printing of drachmas to De La Rue. The middlemen, who must remain anonymous as the company wants the printed drachmas but already have seen with my own eyes.
De La Rue declined to confirm or deny the information on Thursday yet. "We generally do not comment on such speculation," said a spokesman. De La Rue produces banknotes for over 150 currencies, and Greece was formerly part of the customer.
EU Trade Commissioner Karel De Gucht had recently said in an interview with the Belgian newspaper "De Standaard", the European Central Bank (ECB) and the European Commission were already working on emergency situations in case that Greece should withdraw from the euro-zone.
"Eighteen months ago, like the danger of a domino effect existed," said the Belgian EU Commissioner for the paper, referring to the danger of loss of credibility of other debt countries in Europe, "but now departments are working in the European Central Bank and the European Commission to emergency situations in case that does not succeed in Greece. "
The share price of De La Rue has risen over the past two days about four percent. De La Rue has over 4,000 employees.
http://www.rp-online.de/politik/eu/w...uckt-1.2853675
