Not The Mainstream News

A Conduit of Mostly Non Mainstream News / Information – without Political Correctness…

Greece Already has Plan for Parallel Currency to Euro – Russian Central Banker


Making contingency plans for different options is the right thing to do for anyone, but saying it about Greece and with such a degree of certainty is new.

Shvestov didn’t want to share more details, but said that leaving the euro-zone is a necessity for Greece. He said it would be a “good example” for other countries.

The Russian Center for Strategic Studies in Moscow said that a Grexit will ignite a global crisis affecting the price of oil. They see a a chance of more than 50% that Greece will leave the euro-zone and that it will cause other countries will leave as well. El Economista brings this report.

Rumors about fresh polls show that anti-bailout SYRIZA is in the lead, with 30% support. The situation in Greece is so bad that the country may leave the zone even if pro-bailout parties win.

EUR/USD is struggling between 1.25 and 1.26. Is another fall coming?

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This entry was posted on May 28, 2012 by in General News Stories.
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