Nationalize Banks

Greece Preparing To Miss IMF Payment, Nationalize Banks, Return To Drachma: Telegraph

As Athens tires to negotiate a new bailout deal with its Troika of creditors amid a cash crunch, a drastic ‘Plan B’ by Greece may involve the unprecedented step of missing a payment to the IMF next week, getting rid of the euro, returning back to the drachma, nationalizing its banks and cutting off its banking system from … Continue reading →