New Greek Drachma Unveiled Amid Bank Runs – Greeks Buy Gold Sovereigns

Proposed New Greek Drachmas
Proposed New Greek Drachmas
  • Greece warns may default on IMF loan next week
  • Greek bank runs continue and deposits flee
  • German Bundestag votes for bailout extension
  •  Syriza agree to a bailout extension of four months, in return for concessions yet to be approved by the EU
  • Questions over Syriza negotiating a weak deal despite its strong position
  • Greece and EU buying time to arrange orderly “Grexit”?
  • Greece has printing presses poised to print newly designed Greek drachmas
  • Greeks buying gold bullion

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