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Breaking-UK banknote printer "De La Rue", shares rise 15% in the last hour, called upon to print Greek Drachmas

 
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05/18/2012 09:12 AM
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Breaking-UK banknote printer "De La Rue", shares rise 15% in the last hour, called upon to print Greek Drachmas
UK banknote printer readies for Greek call - source

LONDON | Fri May 18, 2012 11:45am BST
De La Rue (DLAR.L) has drawn up contingency plans to print drachma banknotes should Greece exit the euro and approach the British money printer, an industry source told Reuters on Friday.

The news comes as EU trade commissioner Karel De Gucht said on Friday the European Commission and the European Central Bank are working on an emergency scenario in case Greece has to leave the euro zone - the first time an EU official has confirmed the existence of contingency plans.

The source, who asked not to be named, said that as a commercial printer De La Rue needed to be alive to the possibility of a Greek exit from the single currency and prepare accordingly.

[link to www.zerohedge.com]

Last Edited by Account Deleted by User on 05/18/2012 09:23 AM
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05/18/2012 09:18 AM
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Re: Breaking-UK banknote printer "De La Rue", shares rise 15% in the last hour, called upon to print Greek Drachmas
[link to www.zerohedge.com]
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05/18/2012 09:19 AM
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Re: Breaking-UK banknote printer "De La Rue", shares rise 15% in the last hour, called upon to print Greek Drachmas
*puts on seat belt*
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User ID: 7485754
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05/18/2012 09:22 AM
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Re: Breaking-UK banknote printer "De La Rue", shares rise 15% in the last hour, called upon to print Greek Drachmas
Just look at the chart !!!!!!!!!!!!!!!

[link to fr.finance.yahoo.com]
Cosa Nostra, loose association of criminal groups that share a common organizational structure and code of conduct.

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