John Ward ~ Exclusive : Euro Banknotes Update : Berlin Printing New Euronotes (X) En Masse, ECB Withdrawing Greek Notes (Y) ~ 18 May 2012
Slog’s Brussels mole clears up the riddle
“must mean Greek euroexit now seen as near-certainty”
Following this morning’s Slogpost about the dearth of Greek-origin euronotes (Y) and the torrent of new German versions (X) across the EU at the moment, I have been in contact with my regular Brussels informant. Since appearing, the piece that went up this morning has evoked a mass of emails to my Slog address, all of which have enabled further quantification of the fact that German notes are dominating supplies at the minute, while Greek versions are disappearing fast.
The Commission mole has ‘confirmed’ that the process is designed to ensure minimal numbers of ‘Y’ designated Greek notes are in circulation, in order to reduce refusal to accept them outside Greece to a bare minimum “as and when the Greeks exit the eurozone”.
