ECB Board Member Says Introduction Of Another Greek Currency “Most Realistic Scenario”

• ECB Board Member Says Introduction Of Another Greek Currency “Most Realistic Scenario”
  by Tyler Durden, www.zerohedge.com  
  ECB Governing Council member and Latvian central bank chief Ilmars Rimsevics — who earlier leaked that the ECB’s new haircut on ELA for Greece will mean the ailing banking sector must now post “a third” more collateral — says the most “realistic scenario” is now for Greece to introduce “another currency.” 
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  * ECB’S RIMSEVICS SAYS INTRODUCTION OF ANOTHER CURRENCY IN GREECE IS MOST REALISTIC SCENARIO, MAY BE ONE LESS EURO ZONE MEMBER IN FUTURE
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  Rimsevics also says Sunday’s referendum outcome means Greeks have effectively “voted themselves out of the eurozone.” Here’s more, via Bloomberg:
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  “The Greek nation has been brave and has voted itself out of the euro zone,” Ilmars Rimsevics, governor of the Bank of Latvia and ECB Governing Council member, says in an interview with Latvian state radio. Latvian central bank governor and ECB member Greece has voted itself out of the euro zone after a referendum on Sunday when Greeks overwhelmingly rejected bailout terms proposed by international creditors, Latvia’s central bank governor and ECB member.
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  “We see that one country that has not fulfilled its promises, that has not done the necessary home work, some day they could be outside the euro zone and that means that the euro zone together could be stronger.”
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