EU Discusses ‘Limiting ATM Withdrawals’ And Imposing Capital Controls!

• The Euro will collapse! The global economic, financial and monetary collapse will start in the PIIGS, spread to the rest of Europe, UK, Japan ….. and finally America! All fiat currencies will go down the toilet bowl of currency debasement! Got physical gold yet?
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  EU discusses ‘limiting ATM withdrawals’! 
  by http://www.irishtimes.com/ 
  European finance officials have discussed limiting the size of withdrawals from ATM machines, imposing border checks and introducing euro zone capital controls as a worst-case scenario should Athens decide to leave the euro.
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  EU officials said the ideas are part of a range of contingency plans. They emphasised that the discussions were merely about being prepared for any eventuality rather than planning for something they expect to happen.
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  But with increased political uncertainty in Greece following the inconclusive election on May 6th and ahead of a second election on June 17th, there is now an increased need to have contingencies in place, the EU sources said.
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  The European Commission said today it was helping with legal advice in discussions of contingency scenarios regarding Greece by the Eurogroup working group.
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  “I’ve not said that I’m not aware of any discussions, I’ve said I’m not aware about any plans, which is a slight difference,” Commission spokesman Olivier Bailly told a regular news briefing, when asked about Commission involvement in discussions about the contingencies were Greece to leave the euro.
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  “What I said also is that some people are working on scenarios. We are providing information about EU law, as the guardian of the treaty,” he said. The discussions have taken place in conference calls over the past six weeks, as concerns have grown that a radical-left coalition, Syriza, may win the second election, increasing the risk that Greece could renege on its EU-IMF bailout and therefore move closer to abandoning the currency.
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