Banks prepare for the return of the drachma

Economic and Mark of the Beast
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Banks prepare for the return of the drachma

Postby OneDay on Fri May 11, 2012 9:43 am

(Reuters) - Banks are quietly readying themselves to start trading a new Greek currency. Some banks never erased the drachma from their systems after Greece adopted the euro more than a decade ago and would be ready at the flick of a switch if its debt problems forced it to bring back national banknotes and coins.

From the end of the Soviet Union - which spawned currencies such as the Estonian Kroon and the Kazakh Tenge - to the introduction of the euro, they have had plenty of practice in preparing their systems to cope with change.
read more:
http://www.reuters.com/article/2012/05/ ... DC20120511
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